Property profile

302 Rolling Hl Rd Mooresville, NC 28117

OFF-MARKET
Warehouses
Property ID
US53-0605647
39,240 SF 2.44 ac lot Built 1990
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 40,000-square-foot warehouse at 302 Rolling Hill Road, Mooresville, NC 28117, presents a unique sale-leaseback opportunity. Situated on a 2.44-acre lot in Iredell County, this industrial property boasts a desirable location with convenient access to major transportation arteries and local amenities. The building features a 24-foot ceiling height, providing ample vertical space for various industrial uses. Loading and unloading are facilitated by two loading docks and four dock-high doors. The property is currently under a single-tenant, NNN lease, offering a stable and predictable income stream. The tenant, a well-established manufacturing business with a 40+ year history, ensures a secure investment. The property is zoned HLI and is offered for sale as a leaseback arrangement. This presents a compelling opportunity for investors seeking a stable, income-generating asset in a prime Mooresville location. The building's size, features, and tenant history combine to create a truly attractive investment prospect. This is a rare chance to acquire a trophy asset in a thriving market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction STONE
Total area 39,240 SF
Lot 2.44 ac (106,286 SF)
Zoning code HLI
APN 4647-62-5582.000
UPID US53-0605647

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Production Facility Factory

Location

302 Rolling Hl Rd Mooresville, NC 28117-6846
Mooresville metro Census 61403 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.39M
Comparable Approach Comparable
$3.75M
Blend (final) Blend
$3.76M

Owner & transaction history

since 2025
Last sale
$3.5M
6 recorded transactions
2025
$3.5M
2016
$2.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HLI · Mooresville, NC
Zoning description

The HLI (Hybrid Light Industrial) zoning district allows a range of office, light manufacturing, and warehousing development, including flex uses, in addition to supportive uses such as restaurants, hotels, recreation, p…

General category INDUSTRIAL
Top alternative use upside
Retail stores $5.9M +8.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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