6252 Nc-16 Denver, NC 28037
This exceptional 3.78-acre commercial land parcel presents a unique investment opportunity in Denver, North Carolina. Located at 6252 NC-16, this property boasts approximately 700 feet of road frontage along Highway 16, providing excellent visibility and accessibility. Its strategic location offers easy access to Highway 150, enhancing its connectivity and appeal. The site is situated in a desirable area with attractive, developed neighboring properties. A significant portion of the land is currently occupied by "The Turn," a well-established tavern featuring an outdoor tiki bar and ample storage space. The current tenant enjoys a year-to-year lease, offering considerable flexibility for future development or continued rental income. The asking price for this remarkable property is $1,350,000. This presents a rare chance to acquire a substantial commercial land holding with existing income potential in a thriving North Carolina location. The property is located in Catawba County, NC, zip code 28037.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.