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Commercial Mooresville NC Property for Sale at 131 Crosslake Park Drive: $5,160,000

131 Crosslake Park Drive
Mooresville, North Carolina NC 28117
$5,160,000 Price
Active Status
Est. Monthly Payment: $26,730.50 See Details
49,325 Square Feet
4.640 Acres
3289049 Listing ID
Excellent opportunity for 1031 exchange! Crosslake Expo Center is a commercial facility consisting of 30 office/warehouse/flex condominiums within 2 buildings. Listing represents 27 units out of 30 total. The owner of the outstanding 3 units in building 2 is also willing to participate in a sale. Included in sales price is an additional 1.3 acre building site that can accommodate an additional 22,000 square ft building. Little deferred maintenance and healthy condo reserves. CAM fees 1.50/sqft.
Schedule Showing Virtual Tour
Status Active
County Iredell
Year Built 2007
Property Type Commercial
Property Sub Type Warehouse/Office
{"zipcode": "28117", "price": "5160000"}
Down Payment
Credit Score
Loan Amount
Loan Type

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Primary Features

County: Iredell
Property Type: Commercial
Year Built: 2007
Zoning: Industrial Condominium


Builder Name: RL Smith
Cumulative Days on Market: 43
Construction Status: Complete
Deed Reference: 1789/639
Days on Market: 43
Easement: Ing-Engrs
Inclusions: Building, Land
Listing Service : yes
Miscellaneous: Front Elevation, Handicap Access, Security System
New Construction : no
Number Of Rentals Total: 24
Number Of Units Buildings: 2
Number Of Units Total: 27
Property Sub Type: Warehouse/Office
Property Sub Type Secondary: Showroom/Office
Restrictions: Building
Restrictions Description: Condo Docs Attached
Special Listing Conditions: None
Transaction Type: For Sale

Interior Features

Ceiling Height Ft: 16
Commercial Cooling: Central
Commercial Heating: Central, Electric, Gas, MutliZone Heat, Natural Gas
Sprinkler: Wet
SqFt Available Maximum: 55000
SqFt Available Minimum: 49325
SqFt Maximum Lease: 18.73
SqFt Minimum Lease: 8.64
Stories Total: 2
Utilities Commercial: City Sewer, City Water, Electricity, Gas, Telephone

Location Information

Complex Name: Crosslake Expo Center
Cross Street: Raceway
Inside City : yes
Rail Service: No
Street Suffix: Drive
Zoning Specification: HI

Financial Details

Gross Scheduled Income: 500589.00
Operating Expense: 112754.00
Ratio: Current Price By Acre: 1112069.00

External Features

Flood Plain: No
Foundation Details: Basement, Basement Fully Finished, Basement Outside Entrance
Number Of Drive In Doors Total: 12
Parking Total: 131
Road Frontage: 372
Roofing: Flat, Rolled Rubber

Zoning Info

Area Info

Listing courtesy of High Ground Investment Properties
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2017 Carolina Multiple Listing Services, Inc. Data last updated Thursday, August 17th, 2017.

Contact - Listing ID 3289049

Wendy Richards, Realtor

3430 Toringdon Way, #101
Charlotte, NC 28277
Phone: 7046046115
Phone Alt: 7046046115

Data services provided by IDX Broker
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Keller Williams Realty

(704) 604-6115

Each Office Independently Owned and Operated

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