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Property profile & analytics
OFF-MARKET Estimated value $905,000
Office buildings

395 Plz Dr Mooresville, NC 28115-8041

2,888 SF 1.4 ac lot Built 1957
Entity Owned Free & Clear
Property ID
US53-1431892
Property summary
AI-generated overview

This exceptional commercial property, located at 395 E Plaza Dr in Mooresville, NC, presents a unique investment opportunity. The 2,720 square foot building sits on a 1.4-acre lot, offering significant potential for redevelopment or continued use as a traditional office space. Currently vacant, this two-story building, constructed in 1957, boasts a desirable location on a highly trafficked commercial thoroughfare (Hwy 150), ensuring excellent visibility. The property is zoned CC (Community Commercial), allowing for a variety of commercial uses. The building's 2,720 square feet of net rentable space is priced at $348.90 per square foot. The property's APN is 4657-86-9131.000. This is a single-unit building with ample space for a variety of commercial ventures. Its strategic location in Iredell County, NC, zip code 28115, makes it an attractive option for businesses seeking high visibility and accessibility. The property's previous use as a car lot suggests potential for similar businesses or adaptive reuse for other commercial purposes. This is a rare opportunity to acquire a well-situated commercial property in a thriving North Carolina market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Total area 2,888 SF
Lot 1.4 ac (60,984 SF)
Zoning code CC
APN 4657-86-9131.000
UPID US53-1431892
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
  • New Image Auto Imports Inc. Car Dealership
  • Interior Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
$830k
Comparable Approach Comparable
by Request
Blend (final) Blend
$905k
Owner & transaction history
Pinnacle Co Property Management LLC
Pinnacle Co Property Management LLC
since 2026
Last sale
$1.2M
7 recorded transactions
2026
Price N/A
2025
$1.2M
2019
Price N/A
2015
$265,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The CC (Community Commercial) zoning district accommodates business uses that provide goods and services to residents of the region and Town, including shopping centers and large retail establishments located along limited access streets and adjacent to highway interchanges. The district provides lands for auto oriented and auto dependent development in addi…

Zone name Community Commercial
General category COMMERCIAL
Zone area 1,200.50 ac
Source Realmo
Top alternative use upside
Medical building $565,000 +7.9%
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