Current Use by Public Records
- Commercial real estate
Property Details for 0000 Nc 150 Hwy
- Lot size
- 6.69 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.69-acre parcel presents a remarkable investment opportunity in the thriving Denver/Maiden area of North Carolina. Strategically located on Highway 150, directly adjacent to Highway 16, this property boasts a combined daily traffic count of 33,500 vehicles. Site plan approval is already in place for a 6,000 square foot convenience store, complete with 10 fuel dispensers and a quick-serve restaurant. The convenience of this location is further enhanced by the secured North Carolina Department of Transportation (NCDOT) driveway approval, addressing access concerns near Highway 16. Essential utilities, including water, gas, and power, are readily available at the roadside. A significant competitive advantage exists due to the absence of gas stations within a five-mile radius in either direction, presenting a substantial opportunity for market share capture. While Geographic Information System (GIS) data indicates 5.343 acres, a recent survey confirms the total acreage to be 6.69 acres, a small portion of which lies within Catawba County. A 60-foot right-of-way over the planned entrance road is reserved for the seller. This turnkey development opportunity combines prime location, pre-approved plans, and high traffic volume, making it an ideal investment for discerning buyers seeking significant return. The property is priced at $1,250,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maiden
- County
- Lincoln
- State
- North Carolina
- Longitude
- -81.0746
- Latitude
- 35.5524
