Property profile

702 Brawley School Rd Mooresville, NC 28117

OFF-MARKET
Strip malls
Property ID
US53-0585490
7,212 SF 0.86 ac lot Built 2006
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a multi-tenant retail/commercial center located at the traffic light intersection of Brawley School Road and Morrison Plantation Parkway near the Publix Shopping Center. The building contains three tenant spaces totaling 6,265 square feet: one 3,132-square-foot space that is configured for flexible use and two leased units of 987 square feet and 2,146 square feet. The 3,132-square-foot available space features an open floor plan suitable for retail, office, medical, or restaurant uses and has been previously used as an auto parts facility (NAPA Auto Parts). The center includes a large shared common-area parking lot serving multiple buildings within the development, with vehicle access from both Brawley School Road and Morrison Plantation Parkway. The building is positioned along heavily traveled Brawley School Road and offers prominent roadside visibility and signage frontage.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction STEEL FRAME
Total area 7,212 SF
Lot 0.86 ac (37,462 SF)
Zoning code CM
APN 4647-11-0847.000
UPID US53-0585490

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
  • Auto Parts Store
  • Financial Advisor
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

702 Brawley School Rd Mooresville, NC 28117-9271
Mooresville metro Census 61402 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.64M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.72M

Owner & transaction history

since 2026
Last sale
$1.8M
3 recorded transactions
2026
$1.8M
2016
$1.2M
2006
$625,000

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
Top alternative use upside
Industrial (general) $1.4M +539.5%
Office building $1.3M +504.4%

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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