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1278 Mecklenburg Hwy - Development Opportunity! 3.48 Acres of Commercial Land Offered at $2,091,204 CAD in Mooresville, NC 28115
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 | $2,091,204 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.48 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | RMX | ||
| Price | $2,091,204 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 | $2,091,204 CAD | Lot Size | 3.48 AC |
| Price Per AC | $600,920.67 CAD |
| Price | $2,091,204 CAD |
| Price Per AC | $600,920.67 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.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 4656-21-1938.000 | Improvements Assessment | $173,551 CAD |
| Land Assessment | $234,561 CAD | Total Assessment | $408,112 CAD |
Property Taxes
Parcel Number
4656-21-1938.000
Land Assessment
$234,561 CAD
Improvements Assessment
$173,551 CAD
Total Assessment
$408,112 CAD
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1278 Mecklenburg Hwy - Development Opportunity!
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