302 Rolling Hill RdMooresville, NC 28117

  • Warehouses
  • 39,240 SF
For Sale
$3,800,000 View listing

Property Details for 302 Rolling Hill Rd

Year built
1990
Construction
STONE
Lot size
2.44 AC
Property size (Sq ft)
39,240 SF
Zone code
HLI
Property type
Warehouses
APN
4647-62-5582.000
APU
4647625582000

Description

This exceptional 40,000-square-foot warehouse at 302 Rolling Hill Road, Mooresville, NC 28117, presents a unique sale-leaseback opportunity. Situated on a 2.44-acre lot in Iredell County, this industrial property boasts a desirable location with convenient access to major transportation arteries and local amenities. The building features a 24-foot ceiling height, providing ample vertical space for various industrial uses. Loading and unloading are facilitated by two loading docks and four dock-high doors. The property is currently under a single-tenant, NNN lease, offering a stable and predictable income stream. The tenant, a well-established manufacturing business with a 40+ year history, ensures a secure investment. The property is zoned HLI and is offered for sale as a leaseback arrangement. This presents a compelling opportunity for investors seeking a stable, income-generating asset in a prime Mooresville location. The building's size, features, and tenant history combine to create a truly attractive investment prospect. This is a rare chance to acquire a trophy asset in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,827,854
    Hospitality
    $9,918,256
    Educational
    $8,251,872
    Medical
    $8,535,667
    Retail
    $12,836,246

Location Insight

City
Mooresville
County
Iredell
State
North Carolina
Latitude
35.5836
Longitude
-80.8614
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
$27,607
$512,400
$1,912,220
$2,424,620
-
$512,400
$1,912,220
$2,424,620

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