395 Plz Dr Mooresville, NC 28115-8041
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.
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New Image Auto Imports Inc. Car Dealership
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Interior Auto Repair Auto Repair Shop
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Mooresville, NCThe 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 addition to serviceoriented uses that provide support to the surrounding region, while encouraging the transition over time from existing development patterns to a non auto centric development pattern that includes a mix of residential and nonresidential uses. The district provides for redevelopment opportunities and supports multi modal transportation options to better serve the entire community.
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.