Commercial Land with NB
For Sale
$699,900
116 Lipe Road, Troutman, NC 28166
Land, Troutman, NC
Property SizeContact for details
Lot Size5.90 Acres
Days on Market113
Property Features for 116 Lipe Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NB
Zoning description
NB
Lot features
Cleared, Corner Lot, Open Lot, Wooded
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
4740-75-1250.000
Lot size
5.90 Acres
Taxes and HOA fees
Tax Description
SR 1315
Legal Description
SR 1315
Utilities
Water source
Well
Listing Agency:
RE/MAX Properties Plus, Inc. · RE/MAX International
(704) 871-9882
Listed By:
Kristin Hildebrand · License #327243
(704) 682-3686
Added: Apr 30
Changed: Aug 19
Last Checked: Aug 20 at 4:06PM
MLS# 4376625
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
A 5.9-acre commercial land parcel in Iredell County zoned Neighborhood Business (NB). The site includes well water service and septic, and it is mostly cleared, supporting flexibility for phased or full-scale development.
Two existing structures at 116 and 128 Lipe Rd convey with the property and currently generate rental income, with both homes requiring renovation. The NB zoning provides broad neighborhood-level commercial flexibility for qualifying commercial, institutional, and mixed-use applications.
The property is positioned just 1 mile from I-77 and within under 15 minutes of Lake Norman State Park, supporting convenient access to major commuter routes and nearby demand for neighborhood commercial services.
Two existing structures at 116 and 128 Lipe Rd convey with the property and currently generate rental income, with both homes requiring renovation. The NB zoning provides broad neighborhood-level commercial flexibility for qualifying commercial, institutional, and mixed-use applications.
The property is positioned just 1 mile from I-77 and within under 15 minutes of Lake Norman State Park, supporting convenient access to major commuter routes and nearby demand for neighborhood commercial services.
Key Highlights
- 5.9‑acre commercial land parcel zoned Neighborhood Business (NB)
- Well and septic infrastructure on site
- Two existing structures at 116 and 128 Lipe Rd convey; both require renovation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 28166, NC
10,357
Population
4,423
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
90%
High-School Grad
29.0 sq mi
ZIP Area
357
Density / Sq Mi
$85,107
Median Household Income
$43,574
Median Earnings
$1,280
Median Rent
$302,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.9-acre commercial land zoned NB with well and septic, plus two income-producing structures that need renovation.
Where is this commercial land located?
The property is located at 116 Lipe Road Troutman, NC.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 5.9‑acre commercial land parcel zoned Neighborhood Business (NB); Well and septic infrastructure on site; Two existing structures at 116 and 128 Lipe Rd convey; both require renovation
