This exceptional 15,000 square foot retail and restaurant property, located at 123 Trade Ct in Mooresville, North Carolina, presents a fantastic opportunity. Currently operating as a multi-tenant strip center in Iredell County, this property offers 1,500 square feet of immediately available space. Ideal for a restaurant or other retail business, this second-generation space is ready for immediate occupancy. The property's convenient location in the vibrant Mooresville market ensures high visibility and accessibility for customers. The existing infrastructure provides a solid foundation for a new tenant, minimizing initial setup costs. With a total building size of 15,000 square feet, this property offers ample space for expansion or potential future development. The zip code is 28117. This is a prime opportunity to establish or expand your business in a thriving community. The property is situated at latitude 35.5537955 and longitude -80.8553793. The property is under new ownership. Don't miss this chance to secure a prominent location in a rapidly growing area. Contact us today to schedule a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,667,784
6.5%
$2,462,570
7%
$2,286,672
Comparable approach
Method
Valuation
Relative Method
$3,212,475
Geo Method
$3,212,475
Alternative Use
Use
Valuation
Residential
$2,077,270
Hospitality
$1,902,768
Educational
$1,583,081
Medical
$1,637,526
Retail
$2,462,570
Location Insight
City
Mooresville
County
Iredell
State
North Carolina
Latitude
35.5538
Longitude
-80.8558
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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