Commercial Outparcel with Highway
For Sale
$1,995,000
Pending
5794 Highway 150 E, Denver, NC 28037
4.5-acre outparcel on Highway 150 with approximately 726 feet of road frontage and approval for up to 42,500 SF of commercial space.
Property SizeContact for details
Lot Size4.50 Acres
Days on Market445
Property Features for 5794 Highway 150 E
General Information
Standard status
Pending
Lot size
4.50 Acres
Site & Location
Traffic Count
12,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Lake Norman Realty, Inc.
(704) 483-1518
Listed By:
Marty McCarthy
(704) 745-7176
Source:
Exprealty
Added: Jun 29, 2025
Changed: Sep 5
Last Checked: Sep 15 at 1:58PM
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 Lake Norman Realty, Inc.
Investment Insights
Based on property information with market context.
A 4.5-acre commercial outparcel approved for up to 42,500 SF of commercial development. The site is positioned as an outparcel to Hathaway at Lake Norman, a 354-unit luxury apartment development, supporting planned commercial activity on the property.
Located directly on Highway 150, an east-west connector across Lake Norman, with approximately 726 feet of highway road frontage. The property is also just one mile from Highway 16, providing access to both Charlotte and Hickory. Reported traffic is approximately 12,000 average daily drivers (AADT). The site is adjacent to Shannon Woods, a Lennar single-family home development with 818 residences.
Development plans for the approved commercial space provide a clear path for investors or tenants seeking a high-visibility location at the edge of established housing demand.
Located directly on Highway 150, an east-west connector across Lake Norman, with approximately 726 feet of highway road frontage. The property is also just one mile from Highway 16, providing access to both Charlotte and Hickory. Reported traffic is approximately 12,000 average daily drivers (AADT). The site is adjacent to Shannon Woods, a Lennar single-family home development with 818 residences.
Development plans for the approved commercial space provide a clear path for investors or tenants seeking a high-visibility location at the edge of established housing demand.
Key Highlights
- 4.5‑acre commercial outparcel on Highway 150 with approximately 726 ft of highway road frontage
- Approved for up to 42,500 SF of commercial space
- Located directly on Highway 150 (key east‑west connector across Lake Norman)
Property Analytics
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Current Use
Lease Details
12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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Business Placement
Demographics for 28037, NC
25,596
Population
11,930
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
44.7 sq mi
ZIP Area
573
Density / Sq Mi
$109,779
Median Household Income
$54,345
Median Earnings
$1,126
Median Rent
$455,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.5-acre outparcel on Highway 150 with approximately 726 feet of road frontage and approval for up to 42,500 SF of commercial space.
Where is this commercial land located?
The property is located at 5794 Highway 150 E Denver, NC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 4.5‑acre commercial outparcel on Highway 150 with approximately 726 ft of highway road frontage; Approved for up to 42,500 SF of commercial space; Located directly on Highway 150 (key east‑west connector across Lake Norman)
