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Troutman, NC Land for Sale

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5.9 Acres Investment Opportunity
Updated: Apr 30
5.9 Acres Investment Opportunity

116 Lipe Road, Troutman, NC 28166

$699,900
5.90 AC lot
Immediate cash flow from two income‑producing homes.
5.9 acres with Neighborhood Business (NB) zoning allowing for residential or future commercial/mixed‑use development.
Located 1 mile from I‑77, providing convenient highway access.
Value‑add opportunity to renovate existing homes and increase rents.
Existing well and septic systems in place.
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Commercial Land with NB Zoning
Updated: Apr 30
Commercial Land with NB Zoning

116 Lipe Road, Troutman, NC 28166

$699,900
5.90 AC lot
5.9‑acre commercial land parcel zoned Neighborhood Business (NB)
Well and septic infrastructure on site
Two existing structures at 116 and 128 Lipe Rd convey; both require renovation
Income‑producing rental income from the two existing structures
Mostly cleared acreage to support development
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Wooded Residential Homesite Acreage
Wooded Residential Homesite Acreage

107 Arthurs Road, Troutman, NC 28166

$225,000
2.72 AC lot

Residential land totaling 2.72 acres includes a cleared building envelope within a wooded setting.

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Commercial Land
Commercial Land

694 N Main St, Troutman, NC 28166

$2,290,000

The parcel borders Iredell County property that includes a recreation center and fairgrounds.

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Residential Land in Downtown Troutman
Residential Land in Downtown Troutman

Patterson Street, Troutman, NC 28166

$189,000
0.75 AC lot

Two parcels totaling 0.75 acres in established neighborhood.

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Cleared Lot Near Lake Norman
Cleared Lot Near Lake Norman

Meadow Glen Drive, Troutman, NC 28166

$100,000
0.55 AC lot

Ready-to-build lot near Lake Norman State Park.

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Waterfront Land on Lake Norman
Waterfront Land on Lake Norman

426 Morrison Farm Road, Troutman, NC 28166

$200,000
2.72 AC lot

2.722 acre waterfront lot with 255 feet of shoreline.

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Lake Norman Waterfront Homesite Opportunity
Lake Norman Waterfront Homesite Opportunity

232 Apache Road, Troutman, NC 28166

$625,000
0.76 AC lot

Level waterfront land with dock and septic permit on Lake Norman.

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Troutman Land Subdivision Opportunity
Troutman Land Subdivision Opportunity

228 Fern Hill Road, Troutman, NC 28166

$6,900,000
49.88 AC lot

Exclusive gated community development opportunity in Troutman, North Carolina.

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Residential Lot Near Lake Norman
Residential Lot Near Lake Norman

163 Shenandoah Loop, Troutman, NC 28166

$74,900
0.92 AC lot

Residential lot in Meadow Glen, near Lake Norman State Park.

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Waterfront Land Parcel
Waterfront Land Parcel

161 Eagle Chase Lane, Troutman, NC 28166

$3,250,000

Waterfront land parcel for sale in Iredell County with access via nearby roads and turns from I-77.

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Waterfront Estate Lot with Private Dock
Waterfront Estate Lot with Private Dock

170 Windwood Lane, Troutman, NC 28166

$960,000
1.64 AC lot

Oversized Lake Norman lot with an existing dock, shoreline stabilization, and space for a custom home and garage footprint.

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Commercial Sale, Troutman, NC
Commercial Sale, Troutman, NC

122 Frazier Loop, Troutman, NC 28677

$2,790,000
6.00 AC lot

Commercial land · 6.00 Acres

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Waterfront Estate Building Lot
Waterfront Estate Building Lot

170 Windwood Lane, Troutman, NC 28166

$960,000
1.64 AC lot

Oversized Lake Norman estate lot with established dock, deep rectangular footprint, and stabilized shoreline for custom home plans.

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Land, Troutman, NC
Land, Troutman, NC

Winding Forest Drive, Troutman, NC 28166

$165,000
0.85 AC lot

Land · 0.85 Acres

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Cleared Land in Troutman, NC
Cleared Land in Troutman, NC

433 Lockhard Circle, Troutman, NC 28166

$659,999
8.01 AC lot

8.01 acres of cleared land suitable for development.

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Cleared Lot Ready to Build
Cleared Lot Ready to Build

000 Meadow Glen Drive # 115, Troutman, NC 28166

$100,000

Premium cleared lot in no HOA community near Lake Norman.

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Land, Troutman, NC
Land, Troutman, NC

414 Morrison Farm Road, Troutman, NC 28166

$425,000
3.36 AC lot

Waterfront Land · 3.36 Acres

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Land
Land

142 Sierra Woods Dr, Troutman, NC 28166

$999,999

Waterfront Land

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Land, Troutman, NC
Land, Troutman, NC

495 Perry Road, Troutman, NC 28166

$110,000
0.62 AC lot

Land · 0.62 Acres

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Lot-Land
Lot-Land

228 Fern Hill Road, Troutman, NC 28166

$6,900,000

Residential land & home lots

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Land, Troutman, NC
Land, Troutman, NC

232 Fern Hill Road, Troutman, NC 28166

$299,000
2.60 AC lot

Land · 2.60 Acres

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Residential Land with Creek
Residential Land with Creek

112 Forkcreek Rd, Troutman, NC 28166

$140,000

Residential land listing with a creek and rolling fields, offered with a seller credit for trailer removal.

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Land, Troutman, NC
Land, Troutman, NC

Patterson Street, Troutman, NC 28166

$189,000
0.75 AC lot

Land · 0.75 Acres

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Troutman, NC Land Market Trends and Statistics

Explore 72 land for sale in Troutman, NC, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 9,192,510 square feet of properties for sale, with an estimated market value of $42,253,887.

Sale prices for lots in Troutman, NC start at $39,000, averaging $862,324, and reaching up to $6,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 38
Commercial land 13
Waterfront Land 9
Industrial land 2
Agricultural land / Farmland 1

Demographics Overview

Population 11K
Population Growth (5Y) +17.2%
Median Household Income $85,107
College Educated 32.1%

High-Yield Neighborhoods for Investment

Identify Troutman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28166 $760.9K

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $22.11 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iredell County

New Delisted

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