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    627 Gum St Mooresville, NC 28115
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    Property profile & analytics

    627 Gum St Mooresville, NC 28115


    • Specialty properties
    • 12,079 SF
    • 1.48 lot acres
    Mooresville Special-Use Property For Sale For Sale
    $950,000
    8,157 SF

    Mooresville Special-Use Property For Sale

    Special-use property in Mooresville, North Carolina, with ample parking.

    627 Gum St, Mooresville, NC 28115
    View Listing
    Property ID
    US53-4016841
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wayne Russell Funeral Service / Social Service Agency

    Property Details for 627 Gum St

    Year built
    1913
    Construction
    WOOD
    Lot size
    1.48 lot acres
    Property size
    12,079 SF
    Zone code
    DE
    Property type
    Specialty properties
    APN
    4667-33-8682.000
    APU
    4667338682000

    Description

    This exceptional 12,079 square foot commercial property, situated on a 1.48-acre lot at 627 Gum Street in the heart of Historic Downtown Mooresville, NC, presents a compelling investment opportunity. Currently configured as a second-generation funeral home, the building offers significant redevelopment potential for a variety of commercial uses. The property boasts ample parking with 40+ spaces, catering to the needs of both single and multi-tenant occupancies. Its CMX zoning allows for a wide range of commercial endeavors, making it an attractive prospect for entrepreneurs and investors alike. The substantial square footage provides flexibility for adaptive reuse, allowing for creative and innovative business plans. Located in a vibrant and growing downtown area, this property benefits from high visibility and convenient access to local amenities and transportation routes. The existing structure provides a solid foundation for immediate occupancy or extensive renovation, depending on the buyer's vision. This is a rare chance to acquire a significant commercial property in a desirable location with exceptional upside potential. The asking price is $699,000. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $620,000
      ML approach
      $535,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $695,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8033
    Latitude
    35.5875
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,483
    $124,490
    $341,250
    $465,740
    -
    $124,490
    $341,250
    $465,740
    View Listing
    More about this property
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