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Property profile & analytics
OFF-MARKET
Land

6252 Nc-16 Denver, NC 28037

3.78 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.78 ac (164,657 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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