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    OFF-MARKET
    Land

    00 Nc 16 Hwy, Denver, NC 28037

    19.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.22-acre commercial land parcel presents a unique investment opportunity in Denver, North Carolina. Located on highly visible NC Highway 16, just north of Highway 73, this property boasts excellent accessibility and significant road frontage. The land itself is gently rolling and largely cleared, providing a relatively flat and usable site for immediate development. A key advantage is the pre-approved development plan by Lincoln County (December 2022) for a mini-storage facility. This plan encompasses 154 luxury storage units and a substantial 10,000 square foot flex space building, strategically positioned along the Highway 16 frontage. The approved plans streamline the development process, minimizing potential delays and uncertainties. This property's location, combined with the existing approved plan, offers a compelling opportunity for investors seeking a ready-to-develop site with significant potential for high returns. The asking price is $1,950,000. Further details, including a video presentation, are available upon request. The property is situated in Lincoln County, North Carolina, with a zip code of 28037. This is a rare chance to acquire a prime commercial parcel with approved plans in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 19.22 ac (837,223 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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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