197 Medical Park RdMooresville, NC 28115

Property Details for 197 Medical Park Rd

Year built

2005

Construction

STEEL FRAME

Lot size

1.31 AC

Property size (Sq ft)

7,007 SF

Zone code

CM

Property type

Office properties

APN

4646-81-9290.202

APU

4646819290202

Description

This exceptional 1,646 square foot executive office suite is available for lease at 197 Medical Park Road in Mooresville, North Carolina. Located in Mooresville County, this single-tenant space boasts a desirable location and impressive features. The suite offers a generous 13' 9" ceiling height, providing a spacious and airy feel. The entire building comprises 1,646 square feet, meaning the entire space is available for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready, self-contained office environment. The property's address is 197 Medical Park Road, Mooresville, NC 28115. Its convenient location offers easy access to local amenities and transportation networks. The property type is classified as an office building, specifically an executive office suite, making it ideal for businesses seeking a professional and prestigious address. The building's size and layout are perfectly suited for a single tenant, eliminating the complexities of shared spaces and promoting a focused work environment. This turnkey solution allows businesses to focus on their core operations without the added burden of extensive renovations or fit-outs. The property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,689,219

  6.5%

  $1,559,279

  7%

  $1,447,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,186,565

  Geo Method

  $1,186,565

• Alternative Use

  Use

  Valuation

  Residential

  $1,933,506

  Hospitality

  $1,771,081

  Educational

  $1,473,519

  Medical

  $1,524,195

  Retail

  $2,292,140

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5527

Longitude

-80.8526

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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