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    257 Nc-16 Denver, NC 28037

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    257 Nc-16 Denver, NC 28037


    • Retail properties & Spaces
    • 2.31 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 257 Nc-16

    Lot size
    2.31 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    Exceptional commercial development opportunity in Denver, North Carolina, awaits. This 2.31-acre parcel boasts 130 feet of frontage along heavily trafficked NC-16 (20,000 vehicles per day), situated at a lighted intersection directly across from a Publix shopping center. The property's strategic location offers unparalleled visibility and accessibility, surrounded by a robust concentration of national retailers including Harris Teeter, Aldi, Food Lion, Walmart, Lowe's, Starbucks, McDonald's, Burger King, Jersey Mike's, Taco Bell, and Zaxby's. The site is zoned General Business (B-G), providing flexibility for diverse commercial development options. This area demonstrates strong growth potential, with a projected 18% population increase within a 3-mile radius over the next five years and an average household income of $126,000. Adding to its appeal, Lake Norman, North Carolina's largest man-made lake, is less than two miles away. The asking price is $1,150,000. This presents a unique chance to capitalize on a thriving retail market in a rapidly expanding community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.0112
    Latitude
    35.4734
    More about this property
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