837 Williamson RdMooresville, NC 28117

Property Details for 837 Williamson Rd

Year built

2009

Construction

WOOD

Lot size

0.85 AC

Property size (Sq ft)

3,120 SF

Zone code

NMX

Property type

Banks

APN

4646-62-4664.000

APU

4646624664000

Description

This exceptional 3,120 square foot executive office building, located at 837 Williamson Road in Mooresville, North Carolina, is offered at $2,150,000 ($689.10/sq ft). Situated on a 0.851-acre lot (APN 4646624664.00), this property boasts a highly visible location with excellent access to I-77, Exit 33. The building is zoned NMX and enjoys a daily traffic count of 21,336 vehicles. Its strategic placement as an outparcel to a Food Lion-anchored shopping center ensures high foot traffic and brand recognition. Previously used as a bank branch, the property offers a unique opportunity for a variety of businesses, with a six-month restriction against bank and financial service use. The location is exceptionally convenient, less than a quarter mile from I-77 and under a mile from both Lake Norman Regional Medical Center and the Lowe's Corporate Headquarters. This presents a compelling investment opportunity in a thriving area with strong demographics and high visibility. The property's size and location make it ideal for a variety of executive office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,105,670

  6.5%

  $1,020,619

  7%

  $947,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,331,419

  Geo Method

  $1,331,419

• Alternative Use

  Use

  Valuation

  Residential

  $860,930

  Hospitality

  $788,608

  Educational

  $656,112

  Medical

  $678,677

  Retail

  $1,020,619

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5565

Longitude

-80.8612

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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