2.6 Acres of Commercial Land for Sale in Newton, North Carolina
9737 Nc 16 Hwy, Newton, NC 28658
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. See MLS #4076668. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.
Directions
Highway 16 South approximately 1 mile past Food Lion on the right - corner of Hwy 16 and East 20 th St.
Property details
- County
- Catawba County
- Elevation
- 948 feet
- MLS Number
- CMLS 4067946
- Date Listed
Parcels
- 374119626465
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Newton Conover | Elementary | — | — |
| North Newton | Middle | — | — |
| Newton Conover | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 7, 2023 | Price decrease | $750,000 | $450,000 -37.5% | CMLS |
| Sept 9, 2023 | New listing | $1,200,000 | — | CMLS |