9737 N Carolina Highway 16 Newton, NC 28658
Estimated payment $2,936/month
About This Lot
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.
Listing Agent
MarketPlace Realty, Inc. Brokerage Email: MarietteHNC@gmail.com License #172331 Listed on: 11/25/2024
Property Details
Property Type
- Land
Lot Details
- Property fronts a highway
- Corner Lot
- Cleared Lot
- Possible uses of the property include Commercial, Development, Other - See Remarks
- Property is zoned PD-SC-N, PD
Property Views
- City Views
Schools
- Newton Conover Elementary School
- North Newton Middle School
- Newton Conover High School
Listing and Financial Details
- Assessor Parcel Number 374119626465
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2025 04/06/25 | Price Changed | $450,000 | 0.0% | -- |
| 04/06/2025 04/06/25 | Price Changed | $450,000 | -18.2% | -- |
| 11/25/2024 11/25/24 | For Sale | $550,000 | 0.0% | -- |
| 10/15/2024 10/15/24 | Price Changed | $550,000 | -26.7% | -- |
| 10/06/2023 10/06/23 | Price Changed | $750,000 | -37.5% | -- |
| 09/07/2023 09/07/23 | For Sale | $1,200,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4203585
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