3158 Charlotte Hwy, Mooresville, NC 28117
This exceptional 3.625-acre commercial and residential land parcel is strategically located on Highway 21 in Mooresville, North Carolina, boasting approximately 500 feet of road frontage on Highway 21 and W. Waterlynn Rd. Priced at $3,020,600, this property offers significant development potential. Its prime location provides easy access to I-77 and is less than one mile from Lake Norman Regional Medical Center, benefiting from a high daily traffic count of 23,500 vehicles on Highway 21, a major Mooresville artery. The area is experiencing rapid growth, and Mooresville's town planning actively supports commercial development. The property's APN numbers are 4646945768, 4646944667, 4646946416, 4646947518, and 4646943870. Surrounding areas show substantial multi-family and residential development, indicating strong market demand. This presents a unique investment opportunity for developers seeking a high-visibility location with excellent access and growth potential in a thriving community. The address is 3158 Charlotte Hwy, Mooresville, NC 28117.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.