$550,000
For Sale

9737 NC 16 Highway

Newton, NC 28658
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Property SubtypeUnimproved Commercial
      • Lot FeaturesCleared, Corner Lot
      • Lot DescriptionCleared, Corner Lot
      • Elementary SchoolNewton Conover
      • High SchoolNewton Conover
      • Sewer InformationPublic Sewer
      • Middle SchoolNorth Newton
      • Parcel Number374119626465
      • Property TypePurchase
      • Original List Price$550,000
      • CountyCatawba
      • MLS #4203585
      • MLS #4203585
      • Cost550000
      • ViewCity
      • Utility SourceCity
      • Utility FeaturesGas
      • Days on Market (Cumulative)329
      • ZoningPD

Location

Teddy RealtyTEST GROUP FOR TEDDY
$
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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