$750,000

9737 NC 16 Highway

Newton, NC 28658 Lots/Acres/Farms
MLS#: 4076668
Status: Active

Request Information

Details

Type
Unimproved Commercial 
Status
Active 
Lot Size
3.0000 
Subdivision
 
Elementary School
Newton Conover 
Middle School
North Newton 
High School
Newton Conover 
Buyer Agency Compensation¹
3 %
Sub Agency Compensation¹
0 %
Appliances
 
Cooling
 
Heating
 
Exterior
 
Water
City Water 
Year Built
 
Driveway
 
Laundry Location
 
Parking
 
Lot Description
Cleared, Corner Lot 
¹ = The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Schedule Showing

Property Description

This Prime 3 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 10,000 sf Retail store space. Water, Gas and Sewers are at the property. The adjacent 2.63 acre convenience store proposed parcel is available for separate purchase. See MLS #4067946. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.

Share This Listing

Comparable Homes

Photo Address Rooms Sqft Price
1 0 Beda Road Maiden, NC 28650 0 br/0 ba 0 $649,900 View
2 9737 NC 16 Highway Newton, NC 28658 0 br/0 ba 0 $750,000 View
3 0000 BURRIS Road Conover, NC 28658 0 br/0 ba 0 $810,250 View
4 4351 Lookout Dam Road Catawba, NC 28609 0 br/0 ba 0 $745,000 View
5 1009 22nd Street Street Hickory, NC 28601 10 br/0 ba 0 $835,000 View