You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

1829 Mclin Creek Rd Newton, NC 28613

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre development site is strategically located at a signalized intersection on NC Hwy 16 and East 20th Street in Conover, NC, within the Charlotte MSA. Boasting over 25,000 vehicles passing daily in 2023, this property presents a prime opportunity for retail development. The site is zoned PD-SC-N and approved for a 10,800 square foot retail building, making it ideal for a variety of uses, including dollar stores, auto parts stores, or tire shops. Utilities including water, sewer, natural gas, and power are readily available on-site. The strong demographics are further supported by over 20,000 residents and 18,000+ daytime employees within a 3-mile radius. Projected population and household growth within a 1-mile radius is +2.88% annually from 2022-2027. This fee-simple property is offered at $550,000, or $183,333 per acre. An adjacent 2.63-acre parcel is also available for purchase separately at the same price

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1829 Mclin Creek Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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