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    116 Lipe Rd Troutman, NC 28166

    For Sale
    $750,000

    COMMERCIAL - Troutman, NC

    Lot size:
    5.90 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 116 Lipe Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NB
    APN
    4740-75-1250.000
    Lot size
    5.90 Acres

    Utilities

    Water source
    Well

    RE/MAX Properties Plus, Inc. (704) 500-6612 [email protected]

    Listing agent Kristin Hildebrand (704) 682-3686

    Listing date Oct 10, 2025

    MLS# 4231119 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Troutman Commercial Land Opportunity

    This 5.9-acre commercial property is located in Troutman, North Carolina. The site has been rezoned to Neighborhood Business (NB) and is mostly cleared, making it ready for development. The property is situated approximately 1 mile from I-77, providing access and visibility. Permitted business uses under the NB zoning include home occupations, family care homes, farm buildings, dance studios, daycare centers, government offices, recreation facilities, animal grooming and shelters, auto parking lots, bakeries, and farmers markets. Lake Norman State Park is located less than 15 minutes from the property. Existing homes are present on the property and include well and septic systems, though these structures will likely need to be removed. This property presents a commercial opportunity in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.86028019
    Latitude
    35.6730731

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    FAQs

    What type of property is this?
    Commercial land - 5.9-acre commercial land near I-77 in Troutman, NC.
    Where is this commercial land located?
    The property is located at 116 Lipe Rd Troutman, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime 5.9-acre commercial property, newly rezoned Neighborhood Business (NB).; - Excellent access and visibility, located only 1 mile from I-77.; - Cleared and ready for development with a variety of permitted business uses.
    (704) 682-3686
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    116 Lipe Rd Troutman, NC 28166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Lipe Rd Troutman, NC 28166
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