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    2002 Empire Ln Troutman, NC 28166

    For Sale
    $15,000,000

    8.32 Acres, $15M Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 8.32-acre commercial land parcel presents a significant investment opportunity in the thriving town of Troutman, North Carolina. Located at 2002 Empire Lane, this expansive property offers unparalleled potential for a wide range of commercial developments. The substantial acreage provides ample space for large-scale projects, allowing for flexibility in design and functionality. Its strategic location within Troutman offers excellent accessibility and visibility, ensuring high traffic exposure for any future business venture. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. Given its size and prime location, this property is ideally suited for a variety of uses, including but not limited to, retail centers, light industrial facilities, or office complexes. The substantial land area allows for ample parking, loading docks, and green spaces, enhancing the overall appeal and functionality of any development. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area, offering substantial long-term investment potential. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price for this significant land parcel is $15,000,000. Further due diligence is recommended to confirm all aspects of the property and its suitability for your specific needs.

    Property Features for 2002 Empire Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    362,419 SF

    Building Details

    Year Built
    2025
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8782
    Latitude
    35.6857

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    Nearby Similar for Sale

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      Charlotte Highway Commercial Property

      Commercial property on Charlotte Highway with high traffic volume.
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    FAQs

    What type of property is this?
    Commercial real estate - 8.32 Acres, $15M Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 2002 Empire Ln Troutman, NC.
    What is the asking price?
    The asking price for this property is $15,000,000.
    (704) 241-3666
    Request Owner's contact information
    2002 Empire Ln Troutman, NC 28166
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    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
    2002 Empire Ln Troutman, NC 28166
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