1812 Mooresville Rd
$475,000
1812 Mooresville Rd, Salisbury, NC 28147
8,240 sqft
Building Size
1.21 acres
Lot Area
Details:
Highlights:
- Value Add
- Great Location
- Nearby Apartment Complexes
- Pro-Forma NOI $67,411
Description:
58 units
Value add
1.2 acres of land
High traffic counts (14,000 VPD) with several large apartment complexes nearby.
Pro Forma NOI $67,411
Only 10 units currently rented.
30 - 10x20 spaces 6000 sq ft
20 - 8x8 spaces 1280 sq ft
8 - 10x12 spaces 960 sq ft
Old store front with back room
Total 8,240 sq ft plus store building
Property used to be a service station. Still has a tank in place. We have all the paperwork showing compliance.
Situated in close proximity to many amenities such as banks, grocery stores, and national franchise restaurants, as well as single family and multifamily residences with major apartment buildings nearby, and a high vehicle count (14,000 VPD) on Mooresville Rd, near the major Jake Alexander Blvd Intersection.
Sitting on Approx. 1.21 acres zoned Mixed Use is a promising 58 unit self storage facility with great value-add potential.
Documents:
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| Offering Memorandum |
Location
