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585 River Hwy - High Profile Outparcel
1.89 Acres of Commercial Land Offered at $2,750,000 in Mooresville, NC 28117
Investment Highlights
- 32,000 vpd.
- One of last remaining parcels along River Hwy between Williamson Rd and Morrison Plantation Pkwy.
- Surrounded by major retail and food services brands.
Executive Summary
Property Facts Under Contract
| Price | $2,750,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.89 AC |
| Property Type | Land |
| Price | $2,750,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.89 AC |
1 Lot Available
Lot
| Price | $2,750,000 | Lot Size | 1.89 AC |
| Price Per AC | $1,455,026 |
| Price | $2,750,000 |
| Price Per AC | $1,455,026 |
| Lot Size | 1.89 AC |
Primarily flat, with long slight slope to the rear. Sits on River Hwy, or Hwy 150, at entrance to Mooresville Crossing retail center and directly across the street from Winslow Bay Commons retail center. A single-family structure is on the lot.
Description
Last remaining unimproved site along Hwy 150/River Hwy between Williamson Rd and Morrison Plantation Parkway, surrounded by retail (Target, Staples, Dicks, Old Navy, Bed Bath & Beyond, Discount Tire, others) and restaurants (Outback Steakhouse, Panera Bread, Hickory Tavern, Chili's, Red Robin, McAlisters, others). Very heavily trafficked thoroughfare w/ 30,500 ave. vehicles per day, within 1/3 mi. of I-77 Exit 36. Consists of two parcels, is mostly clear with a thin stand of trees in the middle, and is mostly level with a very long and gentle grade in the rear. Front .137 acres was conveyed to NC DOT from the original 2.032 acres, leaving the +/-1.895 acres listed here. Unoccupied SFR given no value. Utilities to the site, although water and sewer not on the site.
PROPERTY TAXES
| Parcel Number | 4647-36-6574.000 | Improvements Assessment | $0 (2023) |
| Land Assessment | $640,640 (2023) | Total Assessment | $640,640 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | HB (Highway business.) |
| HB (Highway business.) |
Presented by
585 River Hwy - High Profile Outparcel
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