Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Versatile Commercial Property on Corner Title is generated by Realmo AI

    2246 N Aspen Street, Lincolnton, NC 28092

    View on Map
    Claim this Listing
    For Sale
    $260,000

    Corner lot with high visibility, suitable for various businesses.

    Type:Commercial
    Property size:
    2,292 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $113/SF
    Added:
    May 15, 2026
    Days on Market:
    14
    Last Refresh:
    May 16 at 8:32 pm

    Property Features for 2246 N Aspen Street

    General Information

    Standard status
    Active
    Size
    2,292 SF
    Lot size
    0.05 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1948

    We can help!

    Listing Contact
    SUMMER DAMERON

    Listing agent SUMMER DAMERON

    Listing office RE/MAX LIFESTYLE

    Listing date May 15, 2026

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX LIFESTYLE

    HighLights

    • High‑traffic corner lot location with over 13,000 daily car count.
    • Versatile general business zoning suitable for restaurant, office, medical, or retail use.
    • Substantial 5,000+ square feet of property space (2,000+ heated).
    • Dual road frontage offering excellent visibility.
    • Strong local commercial activity in the immediate area.
    • Located within city limits, providing easy accessibility.

    Overview

    This commercial property is located on a corner lot with high visibility, situated at 2246 North Aspen Street in Lincolnton. The property benefits from a daily traffic count exceeding 13,000 vehicles. Zoned for general business, the property offers over 5,000 square feet of space, including over 2,000 heated square feet. The property is suitable for a variety of uses, including a restaurant, office, medical practice, or retail space. The property features dual road frontage and is located in an area with strong local commercial activity. The property size is 2,292 square feet.
    Location Intelligence

    Current Use by Public Records

    Bill's scooters Motorcycle Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.2404943
    Latitude
    35.5019563

    Nearby Similar for Sale

    • $500,000
      3,100 SF

      Versatile Commercial Space in Lincolnton

      Prime commercial property in a thriving Lincolnton business corridor.
      2303 E Main Street, Lincolnton, NC 28092
      View Details
    • $300,000

      Versatile Commercial Property in Lincolnton

      Well-maintained commercial building with flexible floor plan and recent updates.
      511 Lee Avenue, Lincolnton, NC 28092
      View Details
    • $199,000
      1,520 SF

      Professional Office Space in Lincolnton

      Well-located 1,520 SF office space suitable for medical use.
      117 Doctors Park, Lincolnton, NC 28092
      View Details
    • $425,000

      Lincolnton Duplex: Investment Opportunity

      Duplex in Lincolnton with strong rental appeal and convenient location.
      108-110 Carpenter Street, Lincolnton, NC 28092
      View Details
    • $500,000
      3,160 SF

      Prime Commercial Property in Lincolnton

      Versatile commercial space ready for your vision in thriving Lincolnton.
      2303 E Main Street, Lincolnton, NC 28092
      View Details
    • $1,150,000
      80,000 SF

      Poultry Farm with Chicken Houses

      Poultry farm with four chicken houses on approximately 6.8 acres.
      00 River Road, Lincolnton, NC 28092
      View Details
    • $2,700,000

      Well-Maintained Industrial Building

      61,500+/- SF building ideal for manufacturing, distribution, or storage.
      113 Industrial Park Road, Lincolnton, NC 28092
      View Details
    • $250,000
      3,000 SF

      Lincolnton Retail Space For Sale

      Retail space with multiple uses in Lincolnton City Limits.
      625 N Aspen Street, Lincolnton, NC 28092
      View Details
    • $1,700,000
      30,536 SF

      Multi-Use Commercial Property Investment

      30,536 SF multi-use property on 5.872 acres for sale.
      208 Lithia Inn Road, Lincolnton, NC 28092
      View Details
    • $2,708,000
      3,057 SF

      New Leased Retail Property

      Retail property with a new long-term lease and experienced operator.
      2216 E Main Street, Lincolnton, NC 28092
      View Details
    • Contact for pricing

      Retail Property in Lincolnton

      Retail property with Advance Auto Parts as current tenant.
      1017 East Main Street, Lincolnton, NC, 28093
      View Details
    • $239,000
      4,700 SF

      Downtown Lincolnton Blank Slate Building

      Approximately 4700 sq ft building in downtown Lincolnton.
      127 W Water Street, Lincolnton, NC 28092
      View Details

    FAQs

    What type of property is this?
    Storefront property - Corner lot with high visibility, suitable for various businesses.
    Where is this storefront property located?
    The property is located at 2246 N Aspen Street Lincolnton, NC.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: High‑traffic corner lot location with over 13,000 daily car count.; Versatile general business zoning suitable for restaurant, office, medical, or retail use.; Substantial 5,000+ square feet of property space (2,000+ heated).
    (704) 764-1908
    We can help!
    Listing Contact
    SUMMER DAMERON
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2246 N Aspen Street, Lincolnton, NC 28092
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!