Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7259 Nc-73 Denver, NC 28037
    Back to Search
    Property profile & analytics

    7259 Nc-73 Denver, NC 28037

    View on Map
    • Retail properties & Spaces
    • 5.95 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 7259 Nc-73

    Lot size
    5.95 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 5.95-acre commercial land parcel presents a prime retail investment opportunity in Denver, North Carolina. Strategically located on Highway 73, between the existing and new Highway 16 bypass, this property enjoys unparalleled visibility and accessibility. Its immediate adjacency to a freestanding Walmart Supercenter ensures high foot traffic and strong consumer draw. Further enhancing its desirability, the site is situated a quarter-mile from the new Highway 73/Highway 16 interchange, providing convenient access for customers and employees. The property's neighboring businesses include QuikTrip, Chick-fil-A, and Tire Engineers, along with a newly constructed Atrium Health facility, creating a vibrant and thriving commercial environment. This location benefits from the explosive growth experienced in eastern Lincoln County and the surrounding areas of the Charlotte MSA, particularly the highly sought-after Lake Norman region. The property's size and location make it ideal for a variety of retail developments, capitalizing on the area's robust economic expansion and significant population increase. This is a rare opportunity to acquire a substantial retail land parcel in a high-growth market with exceptional visibility and established neighboring businesses. The property's proximity to major roadways and a Walmart Supercenter guarantees significant exposure and potential for substantial returns.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.001
    Latitude
    35.449

    Comparable in this City

    • Value Estimation by Request
      2.31 Acres

      257 Nc-16

      Restaurants • 2.31 Acres
      257 Nc-16, Denver, NC 28037
      View Details
    • Value Estimation by Request
      5.95 Acres

      7259 Nc 73 Hwy

      Land • 1 SF
      7259 Nc 73 Hwy, Denver, NC 28037
      View Details
    • Value Estimation by Request
      21,142 SF

      751 Nc Hwy

      Lifestyle centers • 21,142 SF
      751 Nc Hwy, Denver, NC 28037
      View Details
    • Value Estimation by Request
      3.78 Acres

      6252 Nc-16

      Land • 3.78 Acres
      6252 Nc-16, Denver, NC 28037
      View Details
    • Value Estimation by Request
      13.59 Acres

      5946 Nc-150

      Mixed-use properties • 13.59 Acres
      5946 Nc-150, Denver, NC 28037
      View Details
    • Value Estimation by Request
      2.48 Acres

      1007 Nc-16 Business

      Land • 2.48 Acres
      1007 Nc-16 Business, Denver, NC 28037
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Highway 73 Land for Sale

      5.95 acres of commercial land on Highway 73.
      7259 Nc-73, Denver, NC 28037
      View Details
    • $1,300,000
      Pending

      Wooded Land For Sale

      57+/- acres of wooded land available in Denver, North Carolina.
      57+/- Acres Grassy Crk Rd, Denver, NC 28037
      View Details
    • Contact for pricing

      783.88 Acres on Hwy 16

      783.88 acres of land for sale on Hwy 16.
      7613 Kidville Rd, Denver, NC 28037
      View Details
    • $2,500,000
      50.77 Acres

      50 Acres Near Lake Norman

      50 wooded acres near Lake Norman in Denver, North Carolina.
      Kidville Rd, Denver, NC 28037
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Denver, North Carolina.
      2100 Business 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

    Similar Nearby for Lease

    • Contact for pricing

      Highway 73 Land for Lease

      5.95 acres available on Highway 73 in Denver, NC.
      7259 Nc 73 Hwy, Denver, NC 28037
      View Details
    • Contact for pricing

      Retail Space in Denver, NC

      Retail space available in West Pointe Shoppes, Denver, North Carolina.
      751 Nc Hwy, Denver, NC 28037
      View Details
    • Contact for pricing
      367,886 SF

      Denver Distribution Warehouse Space Available

      Large industrial and distribution spaces with highway access and amenities.
      1027 Lincoln Commerce Ct, Denver, NC 28037
      View Details
    • Contact for pricing
      2,360 SF

      Denver Office Space For Lease

      2,360 SF office space available near Hwy 16 & 73.
      274 Nc-16 Business Hwy, Denver, NC 28037
      View Details
    • Contact for pricing
      304,762 SF

      Denver Warehouse with Highway Access

      Warehouse space with cross-dock loading and highway access.
      Nc Hwy 16, Denver, NC 28037
      View Details
    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.
    7259 Nc-73
    Denver, NC 28037
    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
    7259 Nc-73, Denver, NC, 28037
    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!