120 Brawley School RdMooresville, NC 28117

Property Details for 120 Brawley School Rd

Year built

2010

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.95 AC

Property size (Sq ft)

3,559 SF

Zone code

CC

Property type

Retail properties

Property subtype

Other car washes

APN

4657-20-3898.000

APU

4657203898000

Description

This exceptional Mooresville, NC car wash presents a lucrative investment opportunity. The property encompasses 0.95 acres and a 43,560 square foot lot, including a 2,588 square foot net rentable building. Priced at $1,500,000 ($34.44/sq ft), this modern, automated facility boasts multiple entry/exit points and comfortable indoor and outdoor waiting areas. Its strategic location in Iredell County (Parcel # 4657-20-38998-000) is surrounded by residential neighborhoods, schools, municipal offices, retail, and financial institutions, ensuring high traffic volume. The property benefits from strong daily traffic counts, with 20,000 vehicles passing in front and 19,000 at a nearby signalized intersection. The sale includes real estate, the established business, and all fixtures, furniture, and equipment (FF&E). The surrounding area exhibits a strong median home price of $313,077, indicating a stable and affluent customer base. This turnkey operation is exceptionally clean and well-maintained, promising immediate returns for the discerning investor. The zip code is 28117, and the address is 120 Brawley School Rd.

• CAP approach

  CAP return

  Valuation

  6%

  $1,261,244

  6.5%

  $1,164,225

  7%

  $1,081,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,518,756

  Geo Method

  $1,518,756

• Alternative Use

  Use

  Valuation

  Residential

  $982,068

  Hospitality

  $899,569

  Educational

  $748,430

  Medical

  $774,170

  Retail

  $1,164,225

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5794

Longitude

-80.8418

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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