Property profile

491 Williamson Rd Mooresville, NC 28117

OFF-MARKET
Strip malls
Property ID
US53-1241943
34,107 SF 3.88 ac lot Built 2007
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

Harbor Square offers 28,906 square feet of Class B office space in Mooresville, NC. This two-story, 2007-built building features 11 suites, with a minimum divisible space of 2,662 square feet and a maximum contiguous space of 2,662 square feet currently vacant. The building boasts a 32-foot ceiling height and one elevator. Ample parking is provided at a ratio of 10 spaces per 1,000 square feet. Located on Williamson Rd., near I-77 and NC-150 (River Hwy), this property enjoys excellent visibility and proximity to numerous amenities, including restaurants, medical facilities, banks, and coffee shops. The property sits on a 3.06-acre lot and is zoned NMX. The building is well-maintained and features a strong tenant mix, making it ideal for a variety of professional services, medical practices, or legal firms. Property taxes are $1.65 per square foot. Utilities are single-phase power. The building's APN is 4646-48-5569.000 and is located in Iredell County. This turnkey space is ready for immediate occupancy. The building features a traditional office build-out with large offices, a conference room, and storage.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 34,107 SF
Lot 3.88 ac (168,926 SF)
Zoning code CM
APN 4646-48-5569.000
UPID US53-1241943

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
  • Real Estate Agency
  • Take-out & Catering Butcher
  • Financial Advisor
  • Financial Advisor
  • Hardware & Home Improvement Interior Design

Location

491 Williamson Rd Mooresville, NC 28117-9252
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
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$623k
Blend (final) Blend
$730k

Owner & transaction history

since 2023
7 recorded transactions
2023
$154,000
2021
Price N/A
2021
$4.8M
2011
Price N/A
2009
Price N/A
2007
Price N/A
2006
$1.2M

Zoning & alternative use

CM · Mooresville, NC
Zoning description

The CM (Corridor Mixed Use) zoning district is intended to accommodate a mix of retail, office, hotel, and institutional development, as well as multifamily and townhouse dwellings at medium densities. It serves as a gen…

General category MIXED_USE

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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