108 Gateway BlvdMooresville, NC 28117

Property Details for 108 Gateway Blvd

Year built

2005

Construction

STEEL FRAME

Lot size

1.77 AC

Property size (Sq ft)

28,532 SF

Zone code

CM

Property type

Banks

APN

4646-82-4288.000

APU

4646824288000

Description

Mooresville Gateway offers 25,412 square feet of Class A office space in a two-story building constructed in 2006 and renovated in 2020. This multi-tenant property boasts 12 suites, with a minimum divisible space of 1,275 square feet and a maximum contiguous space of 4,245 square feet currently available. The building features a secured entry, 10-foot ceilings, and ample natural light throughout. Conveniently located near I-77 Exit 33 at Highway 21, this property offers easy interstate access and sits on a heavily traveled road, ensuring high visibility. The building includes 73 parking spaces and a single elevator. Pinnacle Financial serves as an anchor tenant. This prime Mooresville location provides excellent accessibility and visibility for businesses seeking a modern and well-maintained office space. The available 4,245 square feet offers significant opportunity for a single tenant or multiple smaller businesses. The building's central location in Mooresville ensures easy access for employees and clients alike.

• CAP approach

  CAP return

  Valuation

  6%

  $10,111,215

  6.5%

  $9,333,429

  7%

  $8,666,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,175,654

  Geo Method

  $12,175,654

• Alternative Use

  Use

  Valuation

  Residential

  $7,873,097

  Hospitality

  $7,211,714

  Educational

  $6,000,062

  Medical

  $6,206,413

  Retail

  $9,333,429

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5556

Longitude

-80.8544

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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