9737 Nc 16 Highway, Newton, NC 28658

$750,000

Listing courtesy of MarketPlace Realty, Inc.

List Price
$750,000
MLS#
4067946
Status
ACTIVE
Days on Market
88
Property Type
Land
Price Change
▼ $450,000 1696644014
Lot Size
114,562
Lot Size Area
2.63
County
Catawba
Special Conditions
None
Waterfront Features
None

Property Description

This Prime 2.63-acre commercial parcel in Newton, NC, boasts an enviable location at the intersection of East 20th St & NC Hwy 16 By-pass, with a staggering daily traffic count of 25,000+ vehicles per day, per Co Star. Hard Signaled intersection. Situated in the Charlotte, Metro. Statistical Area, ranked 22nd in the USA, it offers a dense demographic of over 20,000 residents within a 3-mile radius and workforce of 18,000+in the same vicinity. Projected population & household growth +2.88% from '22 to '27 within 1-mile radius further enhances its investment potential. City approved for a 6000 SF convenience store/QSR with 10 gas/fuel pumps. Water, Gas and Sewers are at the property. The adjacent 3 acre retail parcel is available for separate purchase. See MLS #4076668. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.

Additional Information

Community Features
None
Water
City, Tap Fee Required
Sewer
Public Sewer, Tap Fee Required
Driveway
Paved
Lot Description
Corner Lot
Elementary School
Newton Conover
Middle School
North Newton
High School
Newton Conover

Mortgage Calculator

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Calculator source: Real Geeks

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