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    726 Main St Troutman, NC 28166

    For Sale
    $1,100,000

    High-traffic retail land, pad-ready, NC.

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.48-acre outparcel, located at 726 S Main St, Troutman, NC 28166, presents a prime investment opportunity. Situated in Iredell County and zoned Highway Business, this property boasts unparalleled visibility and accessibility due to its strategic location near the bustling Interstate 77 corridor (72,300 VPD) and Highway 21 (13,400 VPD). The site is pad-ready, with utilities already stubbed, significantly reducing development time and costs. Currently listed at $1,100,000, this property offers 20,000 square feet of potential development space. The seller will consider subdividing the lot to accommodate various business needs. This outparcel is ideally positioned adjacent to a newly constructed Tractor Supply, projected to open in August 2024, ensuring a strong anchor tenant and significant foot traffic. This presents a unique chance to establish a thriving business in a rapidly growing community. The property's highway business zoning allows for a wide range of commercial uses, making it an attractive investment for both developers and end-users. Don't miss this exceptional opportunity to capitalize on this high-traffic location and establish a strong presence in a thriving market.

    Property Features for 726 Main St

    General Information

    Property type
    Land
    Square Feet
    20,000 SF
    Lot Size
    64,469 SF

    HighLights

    • Pad‑ready 1.48‑acre outparcel with utilities stubbed.
    • Highway Business zoning.
    • Outparcel adjacent to new Tractor Supply (opening August 2024).
    • High traffic counts: I‑77 (72,300 VPD) & Hwy 21 (13,400 VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.86474
    Latitude
    35.6858057

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, pad-ready, NC.
    Where is this land located?
    The property is located at 726 Main St Troutman, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Pad-ready 1.48-acre outparcel with utilities stubbed.; Highway Business zoning.; Outparcel adjacent to new Tractor Supply (opening August 2024).
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    726 Main St Troutman, NC 28166
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