$550,000
For Sale

9737 NC 16 Highway

Newton, NC 28658
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • ViewYear Round
      • Lot FeaturesCorner Lot
      • Lot DescriptionCorner Lot
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer, Tap Fee Required
      • Utility SourceCity, Tap Fee Required
      • Utility FeaturesCable Available, Gas
  • Community and Neighborhood Details
      • Elementary SchoolNewton Conover
      • High SchoolNewton Conover
      • Middle SchoolNorth Newton
      • CountyCatawba
  • Financial Details
      • Original List Price$1,200,000
      • Days on Market (Cumulative)333
  • Other
      • MLS #4067946

Location

Bradley Pace | Keller Williams ProfessionalsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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