9737 NC 16 HWY, Newton, NC 28658 - MLS#4203585

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Michelle Alexander Hovey

[email protected] +1(704) 756-5887

$550,000

Est. payment - /mo

3 Acres Lot

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UPDATED:

11/26/2024 08:56 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4203585

Lot Size 3.000 Acres

Acres 3.0

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. 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 Gas

Waterfront Description None

View City

Building

Lot Description Cleared, Corner Lot

Sewer Public Sewer

Water City

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

Horse Property None

Listing Terms Cash, Owner Financing

Special Listing Condition None

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

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Michelle Alexander Hovey

+1(704) 756-5887

Broker Associate | License ID: 275544

Broker Associate License ID: 275544

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