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Investment Highlights

  • Corner of Mecklenburg Highway & E. Waterlynn Road

Executive Summary

Exceptionally rare opportunity in the fastest growing city in North Carolina- ±3.48 acres of zoned and entitled multifamily land-annexed into Mooresville with an in-place, already approved site plan for 51 units. Ready for construction drawings and building permits, this is a rare opportunity to hit the ground running on an approved project and skip the delays involved with rezoning and site plan approvals. Mooresville apartment rent and demand continues to be incredibly robust. Property has two rental homes onsite that can be leased for cashflow prior to building.

Property Facts

Price $2,113,236 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 3.48 AC
No. Stories 1
Zoning RMX

1 Lot Available

Lot

Price $2,113,236 CAD
Price Per AC $607,251.70 CAD
Lot Size 3.48 AC

Exceptionally rare opportunity in the fastest growing city in North Carolina- ±3.48 acres of zoned and entitled multifamily land-annexed into Mooresville with an in-place, already approved site plan for 51 units.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
4656-21-1938.000
Land Assessment
$233,067 CAD
Improvements Assessment
$172,446 CAD
Total Assessment
$405,514 CAD
  • Listing ID: 29499700

  • Date on Market: 2023-09-12

  • Last Updated:

  • Address: 1278 Mecklenburg Hwy, Mooresville, NC 28115

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