Property profile

592 Riv Hwy Mooresville, NC 28117

OFF-MARKET
Turn key restaurants
Property ID
US53-0441894
6,231 SF 1.84 ac lot Built 2017
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2017
Construction STEEL FRAME
Total area 6,231 SF
Lot 1.84 ac (80,238 SF)
Zoning code CC
APN 4647-37-7042.000
UPID US53-0441894

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
  • Restaurant

Location

592 Riv Hwy Mooresville, NC 28117-6829
Mooresville metro Census 61203 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.29M
Blend (final) Blend
$3.02M

Owner & transaction history

since 2022
Last sale
$3.3M
1 recorded transaction
2022
$3.3M

Zoning & alternative use

CC · Mooresville, NC
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 limit…

General category COMMERCIAL
Top alternative use upside
Industrial (general) $2.0M +31.7%
Office building $1.9M +23.8%

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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