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1278 Mecklenburg Hwy - Development Opportunity!

3.48 Acres of Commercial Land Offered at $2,168,729 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 $2,168,729 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 3.48 AC

1 Lot Available

Lot

Price $2,168,729 CAD
Price Per AC $623,198 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.

zoning

Zoning Code RMX
RMX
  • Listing ID: 29499700

  • Date on Market: 2023-09-12

  • Last Updated:

  • Address: 1278 Mecklenburg Hwy, Mooresville, NC 28115

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