Mixed-Use Development Opportunity
Land | 5.98 acres
Marketing description
Exceptional development opportunity with high visibility along Statesville Highway, conveniently located near Hwy 150 and I-77. The property is zoned Hybrid Light Industrial (HLI), offering flexibility for office, light manufacturing, warehousing, and flex space uses. Supportive uses are also permitted, including restaurants, hotels, recreation, personal services, commercial, and institutional.
The site is designated in the Mooresville Plan for Village Center & Neighborhood Residential, aligning with long-term growth and mixed-use potential. Within the Village Center Node (Corridor Mixed-Use), allowable uses expand to retail, office, hotel, institutional, multifamily, and townhomes. Higher intensity, density, and building height are permitted within 1/4 mile of a Village Center Node intersection, further enhancing development value.
Investment highlights
- Land SF 260,488
- 2432 Statesville Hwy: 5.98 acres for $1,500,000
- The property is currently zoned Hybrid Light Industrial (HLI). HLI allows for a range of office, light manufacturing and warehousing development, including flex uses, in addition to supportive uses such as restaurants, hotels, recreation, personal services and other commercial and institutional development that are oriented towards and directed at clients of the primary uses.
- In the Mooresville Future Character & Land Use Plan the property is designated for a combination of Village Center and Neighborhood Residential to encourage a vibrant mixed-use development.
- The Village Center Node the falls under the Corridor Mixed-Use (CM) is intended to accommodate a mix of retail, office, hotel institutional development, as well as multifamily and townhouse dwellings at medium densities. Development is allowed increased intensity, density and heigh when located within 1/4 mile of the center of an intersection designated as a Village Center Node in the Comprehensive Plan.
- In recent conversations with the planning department, they would be in support of medium density residential and commercial retail/office.
- Accessible via Statesville Hwy, providing convenient connectivity to major roads (Hwy 150, I-77) and nearby cities.
- High visibility from Statesville Hwy, offering significant exposure.
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