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    3229 Business Hwy Denver, NC 28037

    Sponsored
    For Sale
    $1,600,000

    High-Visibility Hwy 16 Business Property

    Property size:
    1,310 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.78-acre commercial lot presents a unique investment opportunity in the rapidly growing Denver, NC market. Boasting 1,310 square feet of existing building space and an impressive 267 feet of road frontage on NC Highway 16 Business, this property offers unparalleled visibility and accessibility. The strategic location on a section of Highway 16 with a reduced speed limit creates a prime opportunity for impactful signage and advertising, maximizing exposure to a high volume of daily traffic. Denver's expanding economy and the influx of new residential communities and businesses make this property exceptionally desirable. The substantial road frontage is a rare commodity in this thriving area, presenting significant potential for a variety of commercial ventures. This is a chance to capitalize on Denver's growth trajectory and secure a prominent position in a burgeoning market. The existing building provides a solid foundation for immediate use or redevelopment, offering flexibility to suit a range of business needs. Don't miss this exceptional opportunity to acquire a high-impact commercial property in a prime location. Priced at $1,600,000.

    Property Features for 3229 Business Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,310 SF
    Lot Size
    77,537 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.01451
    Latitude
    35.52439

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Hwy 16 Business Property
    Where is this commercial real estate located?
    The property is located at 3229 Business Hwy Denver, NC.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (704) 987-0123
    Request Owner's contact information
    3229 Business Hwy Denver, NC 28037
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    Denver, NC 28037
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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
    3229 Business Hwy Denver, NC 28037
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