Adaptable Commercial Land
116 Lipe Road, Troutman, NC 28166
COMMERCIAL - Troutman, NC
Lot size:
5.90 Acres- Added:
- Apr 30, 2026
- Days on Market:
- 17
- Last Refresh:
- May 16 at 11:06 pm
Property Features for 116 Lipe Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- NB
- Standard status
- Active
- APN
- 4740-75-1250.000
- Lot size
- 5.90 Acres
Taxes and HOA fees
- Tax Description
- SR 1315
Utilities
- Water source
- Well
Listing agent Kristin Hildebrand (704) 682-3686
Listing office RE/MAX Properties Plus, Inc. 303 North Center St., Satesville, NC (704) 871-9882
Listing date Apr 30, 2026
MLS# 4376625
Listing URL
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.
HighLights
- Flexible Neighborhood Business (NB) zoning allows for a wide range of commercial, institutional, and mixed‑use applications.
- Existing structures generate immediate rental income.
- Located 1 mile from I‑77 in a growing corridor with strong visibility and convenient access.
- Mostly cleared acreage and existing well and septic infrastructure reduce upfront development costs.
- Strategic opportunity to renovate or convert existing structures into commercial or office space.
- Proximity to major commuter routes and expanding residential development supports long‑term commercial appreciation.
Overview
This 5.9-acre commercial property is located in Iredell County within the Neighborhood Business (NB) zoning district. The NB zoning allows for a wide range of commercial, institutional, and mixed-use applications, including professional and medical offices, retail shops, restaurants, service-based businesses, financial institutions, daycare facilities, fitness and recreation centers, event venues, churches, schools, and a variety of specialty and neighborhood-serving uses. The property is located 1 mile from I-77 and under 15 minutes to Lake Norman State Park, in a growing corridor with strong visibility, convenient access, and increasing demand for neighborhood-level commercial services. Two existing structures, located at 116 & 128 Lipe Rd, convey with the property and currently generate rental income. Both homes require renovation, offering an opportunity to stabilize, reposition, or convert the existing structures into commercial or office-style uses permitted under NB zoning. The site is supported by existing well and septic infrastructure and features mostly cleared acreage. The configuration allows for multiple development scenarios, including retail strip concepts, professional office space, service-based commercial pads, or mixed-use neighborhood commercial planning. The property is well-positioned for neighborhood commercial absorption and long-term appreciation. The zoning supports both immediate income-producing use and future redevelopment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Troutman
- County
- Iredell
- State
- North Carolina
- Longitude
- -80.8613056
- Latitude
- 35.6730197
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 5.9 acres in a high-growth area with commercial upside.
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: Flexible Neighborhood Business (NB) zoning allows for a wide range of commercial, institutional, and mixed‑use applications.; Existing structures generate immediate rental income.; Located 1 mile from I‑77 in a growing corridor with strong visibility and convenient access.
