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    Property profile & analytics
    OFF-MARKET Estimated value $3,995,000
    Warehouses

    350 Plz Dr, Mooresville, NC 28117-6932

    61,830 SF 4.71 ac lot Built 1990
    Entity Owned 31-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-2554076
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located within the Mooresville Festival, a thriving community center anchored by Kohl's. The property boasts a total of 159,625 square feet situated on a generous 14.16-acre lot. Currently, there are three available retail spaces, each offering flexibility in size. Individual spaces range from a minimum of 1,400 square feet to a maximum of 2,800 contiguous square feet. A total of 2,800 square feet is currently vacant and immediately available. Spaces 6 and 7 are designed to be combined, providing an even larger footprint for a tenant requiring more expansive space. This prime location within the Mooresville Festival offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and a strong customer base. The property's multiple tenancy structure provides a diverse and vibrant shopping environment, further enhancing its appeal to potential tenants. This is a rare opportunity to secure retail space in a well-established and successful community center. The size and configuration of the available spaces offer considerable versatility, catering to a wide range of retail businesses. Don't miss this chance to establish your business in a thriving retail environment.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1990
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 61,830 SF
    Lot 4.71 ac (205,168 SF)
    Zoning code CC
    APN 4647-86-7300.000
    UPID US53-2554076
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Power Parking Lot & Garage
    • Tienda Maria Mooresville, Latin Mexican Store Food Market Grocery & Convenience Store
    • Shoe Carnival Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Mooresville Festival Shopping Center Shopping Center & Mall
    • Lake Country Gallery & Frame (Bike/Boat/Book/etc) Store Home Decor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.00M
    Owner & transaction history
    Belk Charlotte INC · 31 yrs held
    Belk Charlotte INC
    since 1994
    2 recorded transactions
    2020
    1994
    $259,000
    Zoning & alternative use
    CC · Mooresville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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