123 Trade CtMooresville, NC 28117

  • Retail properties
  • 7,528 SF
For Lease

Property Details for 123 Trade Ct

Year built
2002
Construction
STEEL FRAME
Lot size
1.77 AC
Property size (Sq ft)
7,528 SF
Zone code
CM
Property type
Retail properties
Property subtype
Strip malls
APN
4646-81-0635.000
APU
4646810635000

Description

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
123 Trade Ct, Mooresville, North Carolina

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

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
$25,511
$829,300
$1,764,290
$2,593,590
-
$829,300
$1,764,290
$2,593,590

FAQs

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