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    205 Utica Ct Troutman, NC 28166

    For Sale
    $3,500,000

    2.8 Acres, $3.5M, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.8-acre commercial land parcel presents a significant investment opportunity in the thriving town of Troutman, North Carolina. Located at 205 Utica Court, this property offers unparalleled potential for a wide range of commercial developments. The expansive acreage provides ample space for construction of a substantial building, allowing for flexibility in design and functionality to suit diverse business needs. Its strategic location within Troutman ensures high visibility and easy access to major transportation routes, facilitating convenient commutes for employees and customers alike. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. This is a rare opportunity to acquire a large, well-situated commercial lot in a rapidly growing area, making it an ideal investment for both established businesses seeking expansion and forward-thinking developers looking to capitalize on the region's economic momentum. The asking price of $3,500,000 reflects the significant value and potential of this exceptional property. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial land before it's gone. Further due diligence is recommended to confirm all aspects of the property and its suitability for your specific needs. The property is offered as-is.

    Property Features for 205 Utica Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    121,968 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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    FAQs

    What type of property is this?
    Commercial real estate - 2.8 Acres, $3.5M, Excellent Location
    Where is this commercial real estate located?
    The property is located at 205 Utica Ct Troutman, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (704) 241-3666
    Request Owner's contact information
    205 Utica Ct 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
    205 Utica Ct Troutman, NC 28166
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