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22849273

170 Culbreth Ln - Parcel A, Mooresville, NC 28117

Walters Commercial Real Estate Services LLC
NW
NC 112749
Walters Commercial Real Estate Services LLC
Listed by Walters Commercial Real Estate Services LLC
$8,750,000
734 days on market
Updated 21 days ago

170 Culbreth Lane - Land for Sale - Parcel A

Details
Property Type Land
Sub Type Commercial, Industrial (+1)
Broker Co-Op Yes
Acreage 13.380
Zoning RLS
Sale Condition For sale by owner

Adjacent to Lake Norman Waterfront

Marketing description

  • 13.38 acres with I-77 visibility

  • Located on Alcove Road just off Langtree Road - I-77 - Exit 31

  • Sewer service will require an easement and extension to a lift station on nearby property

  • The property is subject to The Alcove Road Corridor Small Area Plan calling for "Employment Center" and "Village Center" uses - PDFs outlining uses are attached to the listing page

  • Existing zoning is "RLS" but the owner is willing to sell subject to rezoning

  • Mooresville Planning Department indicates apartment projects must devote 25% of square footage to commercial uses and townhome projects must include 5% commercial use.

  • The property is located in the watershed and requires up to 50% pervious area

ADDITIONAL AVAILABLE ACREAGE

  • 1.823 acres across Alcove Road (not listed with WCRE) are available to add to our smaller 2.6-acre parcel. This additional acreage is included in the previous mixed-use site plan included in our due diligence.

  • Resort hotel and luxury condominiums planned for adjacent 14.78-acre waterfront property also available for sale by a different owner (not listed with WCRE)

Investment highlights

Approved uses:

  • Office

  • Light production facility

  • Business incubator

  • Warehousing

  • Restaurants

  • Retail

  • Multi family workforce housing integrated with other development types

  • Work/live spaces

  • Institutional uses

Listing Contacts

Walters Commercial Real Estate Services LLC
NW
NC 112749
Walters Commercial Real Estate Services LLC
Listed by Walters Commercial Real Estate Services LLC

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Additional Information

Name
Christopher Walters
License
345360
Brokerage
Walters Commercial Real Estate Services LLC
Brokerage Phone
7046080585
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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