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248 Singleton rd
2,250 SF Flex Condo Unit Offered at $556,500 in Mooresville, NC 28117
Investment Highlights
- Units can function as a personal creative studio, home office, entertainment venue, or quiet retreat.
- Garages feature 25 high-efficiency, low-E commercial-grade windows per unit, maximizing natural light.
- Units are classified as commercial structures, allowing for business-related uses, such as offices or workshops.
- Each garage offers 2,250 SF, providing ample space for storing vehicles, boats, or personal items.
- Each unit is equipped with a 5-ton Trane HVAC system, individual water/sewer, electricity, and internet access.
- The 7-acre property offers a gated, secure environment with beautifully landscaped grounds.
Executive Summary
One of the most unique projects of its type in the country. Octane Park is comprised of 44 individual luxury entertainment garages located in a gated secure facility on over 7 acres of beautifully landscaped grounds inside of the vibrant upscale Morrison Plantation Development in Mooresville, NC. These contemporary designed concrete and steel luxury garages offer their owners a place to house their prized car collection, RV, boat, motorcycles, 4 wheelers or just stuff they want out of their home garage. It can become a personal creative studio for art, music, pottery or workshop. A quiet "home away from home" office or just a comfortable place to read a great book. Ballgame/poker night venue or a great spot for that new golf simulator. With 2,250sf these 44 independent luxury garages offer plenty of space to store your stuff and become your escape to whatever you want it to be. Since Octane Park units are deemed commercial structures by town code, many individuals plan to purchase their unit through their business. Owners are not allowed to operate a full-fledged business such as a plumbing or electrical contractor operation, but they are allowed to maintain an office as you would in a home. Luxury garages are not a new concept, but Octane Park is truly unique. First you have the unique construction. Instead of glorified mini-storage type construction where you share walls inside of a metal box with no windows, Octane Park provides concrete and steel individual unit construction that have 25 commercial grade high efficiency low E windows in each individual unit. Each with its own 5-ton Trane heating and air conditioning system, individual water & sewer, individual electricity and individual internet provider. Next, is Octane Parks location. Instead of being in the back of an industrial park or some far out of the way location, Octane Park is located in Morrison Plantation. Known as one of Mooresville's most up-scale residential and commercial mixed-use developments, Morrison Plantation offers Octane Park owners the convenance of shops, grocery store, restaurants, breweries, bars and other entertainment. It also provides a very safe and comfortable environment, no matter what day or time of day, for all members of your family. To find out more, please visit us at octaneparks.com or give us a call at 704-765-2320 to schedule a tour of our model unit under construction.
Property Facts
1 Unit Available
Unit 25
| Unit Size | 2,250 SF | Condo Use | Flex |
| Price | $556,500 | Sale Type | Investment or Owner User |
| Price Per SF | $247.33 |
| Unit Size | 2,250 SF |
| Price | $556,500 |
| Price Per SF | $247.33 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Description
This is for the purchase of one unit. Specifically unit 25 of 44 individual units. The photos are "representative only" from our model unit not
on site.
Sale Notes
We have buyers purchasing units for both personal use and investment. Owners are allowed to rent their unit with minimum term of 6 months. For high-net-worth individuals wanting exposure in the commercial real estate market with low maintenance and management, Octane Park Luxury Garages may be a viable option for consideration. We are also happy to work with 1031 exchange buyers.
zoning
| Zoning Code | CCM (Corridor Commercial-Mixed Use) |
| CCM (Corridor Commercial-Mixed Use) |
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Ernest Pruitt - Ernest Pruitt's Office
Presented by
Ernest Pruitt's Office
248 Singleton rd
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