Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    477 Lytton St Troutman, NC 28166

    For Sale
    $950,000

    High-yield investment, two tenants.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 477 Lytton Street in Troutman, NC, presents a lucrative investment opportunity. Situated on a sizable 1.52-acre lot, the property currently boasts two tenants operating under month-to-month leases, providing immediate cash flow. Showings are available on Saturdays and Sundays after 1:00 PM, requiring the property owner's presence to disarm the security system and unlock the premises. The owner will be present but will not interfere with the showing process. The asking price is $950,000. This property is ideal for investors seeking a stable, income-generating asset with potential for future growth. The existing tenants provide a reliable revenue stream, while the substantial lot size offers possibilities for expansion or redevelopment. The property's location in Troutman, NC, provides access to a growing market and offers significant potential for long-term appreciation. Serious inquiries are encouraged to schedule a viewing and explore the full potential of this promising investment. The property's square footage is not currently available. This is a rare opportunity to acquire a well-situated commercial property with existing tenants and significant upside potential. Don't miss out on this chance to add a valuable asset to your portfolio.

    Property Features for 477 Lytton St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    66,211 SF

    Building Details

    Year Built
    1976
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.89545
    Latitude
    35.70785

    Nearby Comparable

    • $10,150,000
      145,244 SF

      Troutman Industrial Facility For Sale

      145,244 SF industrial facility with cranes and ample parking.
      250 Old Murdock Rd, Troutman, NC 28166
      View Details
    • $1,500,000
      18.17 Acres

      Troutman Industrial Land For Sale

      18-acre industrial land parcel in growing Troutman area.
      Murdock Rd, Troutman, NC 28166
      View Details
    • $2,290,000
      5.50 Acres

      Troutman Land Near County Facilities

      Almost 6 acres in Troutman near rec center and fairgrounds.
      694 N Main St, Troutman, NC 28166
      View Details
    • $1,500,000
      18.17 Acres

      Prime Land in Growing Troutman

      18-acre parcel in Troutman, NC, ideal for development.
      Murdock Rd, Troutman, NC 28166
      View Details
    • $2,900,000
      42.25 Acres

      42-Acre Commercial Development Opportunity

      42 acres near I-77, rezoned commercial, ideal for development.
      134 Iredell Ave, Troutman, NC 28166
      View Details

    Nearby Similar for Sale

    • $10,150,000
      145,244 SF

      Troutman Industrial Facility For Sale

      145,244 SF industrial facility with cranes and ample parking.
      250 Old Murdock Rd, Troutman, NC 28166
      View Details
    • Contact for pricing

      Charlotte Highway Commercial Property

      Commercial property on Charlotte Highway with high traffic volume.
      Troutman, NC 28166
      View Details
    • $3,500,000
      2.80 Acres

      Prime Troutman Commercial Land

      2.8 Acres, $3.5M, Excellent Location
      205 Utica Ct, Troutman, NC 28166
      View Details
    • $15,000,000
      8.32 Acres

      Prime Troutman Commercial Land

      8.32 Acres, $15M Investment Opportunity
      2002 Empire Ln, Troutman, NC 28166
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, two tenants.
    Where is this commercial real estate located?
    The property is located at 477 Lytton St Troutman, NC.
    What is the asking price?
    The asking price for this property is $950,000.
    (704) 534-0192
    Request Owner's contact information
    477 Lytton St Troutman, NC 28166
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    477 Lytton St
    Troutman, NC 28166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    477 Lytton St Troutman, NC 28166
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.