142 Cardigan WayMooresville, NC 28117

Property Details for 142 Cardigan Way

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.60 AC

Property size (Sq ft)

1,500 SF

Zone code

CMX

Property type

Office properties

APN

4646-61-8278.005

APU

4646618278005

Description

This exceptional office space, located at 142 S Cardigan Way in Mooresville, NC 28117, offers 3,000 square feet of versatile space within a larger 34,500 square foot complex. Situated seconds from Interstate 77, Exit 33, this property boasts an excellent location with high visibility. The unit, designated as Unit F, is a corner unit providing abundant natural light from windows on two sides. The layout includes a mix of private offices and open areas, ideal for cubicles or a showroom. A unique feature is a storage area with roll-up door access, suitable for use as a cubicle area, training room, or showroom, adding flexibility for various business needs. Existing furniture may remain in place if desired by the lessee. The building comprises two architecturally designed buildings with over 30,000 square feet of leasable space and currently houses a diverse tenant mix including professionals from the office, financial, marketing, and medical fields. This property presents a first-class professional setting, perfect for companies seeking a corporate office or businesses aiming for a high-image presence. Floor plans and walkthrough videos are available upon request. The property is in Iredell County and is a traditional office space within a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $361,614

  6.5%

  $333,797

  7%

  $309,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $254,010

  Geo Method

  $254,010

• Alternative Use

  Use

  Valuation

  Residential

  $413,909

  Hospitality

  $379,138

  Educational

  $315,439

  Medical

  $326,287

  Retail

  $490,682

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5525

Longitude

-80.8601

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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