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$550,000

Est. payment - /mo

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2.63 Acres Lot

Active

9737 NC 16 HWY Newton, NC 28658

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BARNETT REALTY TEAM

[email protected] +1(919) 370-0161

UPDATED:

10/15/2024 07:07 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4067946

Lot Size 2.630 Acres

Acres 2.63

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. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.

Location

State NC

County Catawba

Zoning PD-SC-N

Exterior

Community Features None

Utilities Available Cable Available, Gas

Waterfront Description None

View Year Round

Building

Lot Description Corner Lot

Sewer Public Sewer, Tap Fee Required

Water City, Tap Fee Required

Schools

Elementary Schools Newton Conover

Middle Schools North Newton

High Schools Newton Conover

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

Special Listing Condition None

Listed by Mariette Gagne • MarketPlace Realty, Inc. • [email protected]

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BARNETT REALTY TEAM

REALTORS * INVESTORS * GROWTH AMBASSADORS * CEOS * | License ID: 292893

+1(919) 370-0161