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
    The Largest CRE Database in the US with Over 1 Million Listings

    6252 Nc Hwy, Unit 16 Denver, NC

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Four-acre commercial property with highway frontage and existing tenant.

    Lot size:
    3.77 Acres

    Property Features for 6252 Nc Hwy

    General Information

    Lot size
    3.77 Acres

    We can help!

    Listing Contact
    Chuck Young
    Chuck Young
    Source: Moodyscre

    Listing Agency: Keller Williams Lake Norman Listing Agent: Chuck Young

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Land with Highway Frontage

    This commercial property offers approximately 4 acres with around 700 feet of road frontage on HWY 16 in Denver, North Carolina. It provides convenient access to HWY 150. The surrounding area features developed and appealing properties. A portion of the property is currently occupied by a tavern with an outdoor tiki bar and storage area. The existing tenant operates under a short-term, year-to-year lease, offering flexibility for future development while providing a potential income stream.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.0295793
    Latitude
    35.5316576

    Nearby Similar for Sale

    • $535,000
      2,582 SF

      New Denver Duplex Investment Opportunity

      New construction duplex in Denver, NC, ideal for rental income.
      5536 Wrenn Dr, Denver, NC 28037
      View Details
    • $209,000

      Denver, NC Religious Facility

      Located in Denver, North Carolina, suitable for churches and religious facilities.
      4733 Mountain Creek Ave, Denver, NC 28037
      View Details
    • $199,000

      Denver, NC Land For Sale

      Land available in Catawba County, Denver, North Carolina.
      4729 Mountain Creek Ave, Denver, NC 28037
      View Details
    • $659,000

      Industrial Property in Denver, NC

      Industrial property for sale in Lincoln County, Denver, North Carolina.
      7786 Galway Ln, Denver, NC 28037
      View Details
    • $1,265,000
      2,494 SF

      Unique Office Space with Rustic Elegance

      One-of-a-kind office space designed for client entertainment and general business.
      2173 Smith Harbour Dr, Denver, NC 28037
      View Details
    • $309,000
      1,438 SF

      Spacious End Unit in Denver

      Large end unit with updates in 55+ community.
      3878 Sage Ct, Denver, NC 28037
      View Details
    • $695,000
      Pending

      I-G Zoned Commercial Property

      Versatile industrial property suitable for various commercial uses.
      4153 Burnwood Trl, Denver, NC 28037
      View Details
    • $725,000
      2,321 SF

      Denver Office Building - Hwy 150 Frontage

      Prime Office Space, High Visibility, 1.38 Acres
      5928 Nc Hwy 150 Hwy, Denver, NC 28037
      View Details
    • $1,600,000
      1,310 SF

      Denver Commercial Land Investment Opportunity

      High-Visibility Hwy 16 Business Property
      3229 Business Hwy, Denver, NC 28037
      View Details

    FAQs

    What type of property is this?
    Commercial land - Four-acre commercial property with highway frontage and existing tenant.
    Where is this commercial land located?
    The property is located at 6252 Nc Hwy, Unit 16 Denver, NC.
    What are key features of this property?
    This property features: - Approximately 4 acres of commercial property.; - Boasts ~700ft of road frontage along HWY 16.; - Easy access to HWY 150.
    (704) 577-5979 Call to check price and availability
    Request Owner's contact information
    6252 Nc Hwy, Unit 16 Denver, NC
    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.
    6252 Nc Hwy, Unit 16
    Denver, NC
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6252 Nc Hwy, Unit 16 Denver, NC
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chuck Young
    Chuck Young
    Real Estate License ID: 272367
    (704) 577-5979 (704) 892-5518
    Learn more
    Google sign-in failed. Please try again or use another login method.