9737 NC 16 Highway
Newton, NC 28658
$750,000 Active

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.

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Basic Information
MLS#: 4076668
Price: $750,000
Acreage: 3
Elementary School: Newton Conover
Middle School: North Newton
High School: Newton Conover
Details
Waterfront/water view: No
Listing Courtesy Of: MarketPlace Realty, Inc. - MarietteHNC@gmail.com

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