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795 Oakridge Farm Hwy

1,943 SF Flex Building Mooresville, NC 28115 $499,900 ($257/SF) 7% Cap Rate

Flex Space North Carolina Mooresville 795 Oakridge Farm Hwy, Mooresville, NC 28115

Investment Highlights

  • Great Traffic Count
  • HUGE LOT
  • CLOSE TO ALL THINGS MOORESVILLE

Executive Summary

CURRENT TENANT IS IN 3 YEAR LEASE THROUGH AUGUST 31, 2027
$3200 a month is what tenant pays
Owner is responsible for taxes and insurance
HUGE .96 ACRE LOT
AWESOME LOCATION
GREAT INVESTMENT NOW, AND FOR FUTURE GROWTH! PRICED RIGHT

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $38,400 $19.90
Other Income - -
Vacancy Loss - -
Effective Gross Income $38,400 $19.90
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $38,400
Annual Per SF $19.90
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $38,400
Annual Per SF $19.90
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $499,900 Building Class C
Price Per SF $257 Lot Size 0.96 AC
Sale Type Investment or Owner User Rentable Building Area 1,943 SF
Cap Rate 7% No. Stories 1
Sale Conditions Business Value Included Year Built 1992
Property Type Flex Tenancy Single
Property Subtype
Showroom
  • General Retail Daycare Center
  • General Retail Storefront Retail/Office
  • Office Office Residential
 Parking Ratio 6.18/1,000 SF
Price $499,900
Price Per SF $257
Sale Type Investment or Owner User
Cap Rate 7%
Sale Conditions Business Value Included
Property Type Flex
Property Subtype
Showroom
  • General Retail Daycare Center
  • General Retail Storefront Retail/Office
  • Office Office Residential
Building Class C
Lot Size 0.96 AC
Rentable Building Area 1,943 SF
No. Stories 1
Year Built 1992
Tenancy Single
Parking Ratio 6.18/1,000 SF
1 of 1

PROPERTY TAXES

Parcel Number 4668-51-5430.000 Improvements Assessment $178,760 (2023)
Land Assessment $192,000 (2023) Total Assessment $370,760 (2023)

PROPERTY TAXES

Parcel Number
4668-51-5430.000
Land Assessment
$192,000 (2023)
Improvements Assessment
$178,760 (2023)
Total Assessment
$370,760 (2023)

zoning

Zoning Code Highway Business
Highway Business
(704) 504-9000

  • Listing ID: 33842515

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 795 Oakridge Farm Hwy, Mooresville, NC 28115

More public record information on 795 Oakridge Farm Hwy, Mooresville, NC 28115

The Flex Property at 795 Oakridge Farm Hwy, Mooresville, NC 28115 is currently available For Sale. Contact West Maple Realty for more information.

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795 Oakridge Farm Hwy
(704) 504-9000 x

795 Oakridge Farm Hwy

Chris Blackmon

(704) 504-9000

(704) 504-9000

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