Property profile

2100 Business Hwy Denver, NC 28037

OFF-MARKET
Land
1.37 ac lot
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Property summary

AI-generated overview

This exceptional 1.37-acre commercial land parcel, located at 2100 N Nc 16 Business Hwy in Denver, North Carolina (zip code 28037), presents a unique investment opportunity. Situated in Lincoln County, this property boasts a prime location within a well-established neighborhood center, anchored by a Food Lion grocery store. The site offers easy accessibility to commuter, business, and neighborhood traffic, benefiting from its position in a high-income area experiencing strong growth near Lake Norman. The property features a nearly completed (+/- 95%) graded pad site, with utilities already stubbed to the location. This significantly reduces development time and costs for future construction. The site includes cross parking and enjoys signalized access from both Nc 16 Business Highway and Fairfield Forest Road. The property is zoned BG and offers approximately 42,450 square feet of potential GLA. The asking price for this ready-to-develop commercial land is $850,000. Don't miss this chance to acquire a strategically located parcel in a thriving market.

Property profile

Verified
Property type Land
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2100 Business Hwy Denver, NC 28037
Denver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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