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1278 Mecklenburg Hwy - Development Opportunity! 3.48 Acres of Commercial Land Offered at $1,530,000 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 | $1,530,000 | 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 | $1,530,000 |
| 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 | $1,530,000 | Lot Size | 3.48 AC |
| Price Per AC | $439,655.17 |
| Price | $1,530,000 |
| Price Per AC | $439,655.17 |
| 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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Property Taxes
| Parcel Number | 4656-21-1938.000 | Improvements Assessment | $125,990 |
| Land Assessment | $170,280 | Total Assessment | $296,270 |
Property Taxes
Parcel Number
4656-21-1938.000
Land Assessment
$170,280
Improvements Assessment
$125,990
Total Assessment
$296,270
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1278 Mecklenburg Hwy - Development Opportunity!
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