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121 N Commercial Drive, Mooresville, NC 28115
$3,400,000 Sale Pending
121 N Commercial Drive, Mooresville, NC 28115View this property at 121 N Commercial Drive, Mooresville, NC 28115
121 N Commercial DriveMooresvilleNC28115
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Property Description
24,000 + or - sq ft warehouse/office/ light industrial space includes 6000 + or - sq ft of finished office space. Recent use by engine development company. Originally built as Lowe's vendor executive office/showroom. 4 offices presently leased month to month, with side and front entry doors, separated from main offices by removeable wall/privacy door. Tenant wishes to remain, will sign long term lease if new owner prefers. Right side of warehouse previously leased, presently divided by fencing (now open, with gate included) & includes roughed in entry, office space, 2 bathrooms. Easy conversion to one user or keep space as-is for multiple tenants. 5 gas furnaces in main shop area. One 25 ton A/C in main shop work area (480 volts). 4 A/C and electric heat units in offices. Updated bi-annual service contracts with Trane. Loading- 4 dock high doors and 2 12 x 14 grade level doors. Air compressor included. Office includes built-ins, conference table, 20+ executive chairs, desks. 7 baths.
Full Property Details
Full Property Details for 121 N Commercial Dr
General
- Price: $3,400,000
- Taxes: $24,307
- Status: Pending
- Type: Industrial
- MLS ID: 1127518
- Updated: 1/12/2024
- Added to Site: 138 day(s) ago
Business
- Business Type: Industrial
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Total Spaces: 29
Location
- County: Iredell
- Building Name: Vaztec
- Driving Directions: Listing Agent Accompany I-77 exit 33, east on Highway 21, right on Waterlynn, left on Highway 115, right on Timber, left on N Commercial, Building on left
- City Limits: Yes
Utilities
- Gas: Available: On-Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Ceiling Height: 22
- Square Feet Range: 21500 - 25200
- Year Built: 2002
Lot Features
- Rail Service Desc.: None
- Lot Features: City Lot
Water Features
- Docks: 4
Financial Considerations
- Tax Amount: $24,307
- Terms: Cash, Conventional
- Pays ReTax: Owner
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Allen Tate Mooresville
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Schools
Schools serving 121 N Commercial Dr
School District:Mooresville City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
839 S Magnolia St, Mooresville, NC 28115 | PK-3 | 1 mi | |
1438 Coddle Creek Rd, Mooresville, NC 28115 | 4-6 | 2.2 mi | |
233 Kistler Farm Rd, Mooresville, NC 28115 | 7-8 | 1.9 mi | |
659 E Center Ave, Mooresville, NC 28115 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 N Commercial Dr
Date
Details
Price
Change
Source
12/11/2023
Listed
$3,400,000
112.5%
MLS
5/16/2017
Sold
$1,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 N Commercial Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$854
-13%
$75,000
—
2022
$977
279%
$75,000
279%
2021
$258
1%
$19,800
—
2017
$256
—
$19,800
—
2019
$256
—
$19,800
—
2016
$256
—
$19,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 N Commercial Dr
121 N Commercial Drive, Mooresville, NC 28115 (MLS# 1127518) is a Industrial property. 121 N Commercial Drive is currently listed for $3,400,000 and was received on December 11, 2023. Want to learn more about 121 N Commercial Drive? Do you have questions about finding other Industrial real estate for sale in Mooresville? You can browse all Mooresville real estate or contact a Coldwell Banker agent to request more information.