1829 Mclin Creek Rd Newton, NC 28613
- Land
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 1829 Mclin Creek Rd
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.1989
- Latitude
- 35.6878