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. 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.
Location
- Street Address
- 9737 Nc 16 Hwy
- County
- Catawba County
- Elevation
- 948 feet
Property details
- MLS Number
- CMLS 4067946
- Date Posted
Parcels
- 374119626465
Detailed attributes
Listing
- Type
- Land
Exterior
- Features
- Corner Lot
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Newton Conover | Elementary | — | — |
| North Newton | Middle | — | — |
| Newton Conover | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 16, 2024 | Price drop | $550,000 | $200,000 -26.7% | CMLS |
| Oct 11, 2024 | Back on market | $750,000 | — | CMLS |
| July 26, 2024 | Under contract | $750,000 | — | CMLS |
| Oct 7, 2023 | Price drop | $750,000 | $450,000 -37.5% | CMLS |
| Sept 9, 2023 | New listing | $1,200,000 | — | CMLS |