642 Carpenter AveMooresville, NC 28115

  • Medical offices
  • 3,636 SF
For Sale
$850,000 View listing

Property Details for 642 Carpenter Ave

Year built
1989
Construction
WOOD
Lot size
0.69 AC
Property size (Sq ft)
3,636 SF
Zone code
DE
Property type
Medical offices
Property subtype
Medical centers
APN
4667-41-1369.000
APU
4667411369000

Description

This exceptional 3,669 square foot freestanding office building is ideally situated in the heart of Mooresville, North Carolina, at 642 Carpenter Avenue. Boasting a highly desirable location amongst government buildings and medical practices, this property presents a unique opportunity for businesses or medical professionals seeking a thriving environment. The building features a welcoming and spacious reception area, a dedicated conference room for meetings and presentations, and eight individual offices providing ample private workspaces. A sizable area is also available, perfect for use as a nurses' station or copy room, adding versatility to the layout. The property benefits from dual entry/exit points, ensuring convenient access and flow. Ample parking is provided for staff and clients, a significant advantage in this busy area. The property sits on a 0.69-acre lot and is zoned DE - Downtown Extension. Furthermore, a 100 KW Generac generator ensures uninterrupted power supply, providing peace of mind and business continuity. This turnkey office building offers a compelling combination of location, functionality, and modern amenities, making it an exceptional investment opportunity. The asking price is $850,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $876,552
    6.5%
    $809,125
    7%
    $751,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $615,720
    Geo Method
    $615,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,003,315
    Hospitality
    $919,031
    Educational
    $764,623
    Medical
    $790,920
    Retail
    $1,189,414
642 Carpenter Ave, Mooresville, North Carolina

Location Insight

City
Mooresville
County
Iredell
State
North Carolina
Latitude
35.5814
Longitude
-80.8022
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
$6,791
$82,800
$513,670
$596,470
-
$82,800
$513,670
$596,470

FAQs

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