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Property profile & analytics
OFF-MARKET
Land

Denver, NC 28037

3.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.78-acre commercial land parcel in Denver, Lincoln County, North Carolina, presents a remarkable investment opportunity. Located on S NC Business 16, this property boasts 153 feet of road frontage, gradually widening towards the center. The site is zoned HC (Highway Commercial), making it ideal for a variety of uses including retail, restaurants, auto service and repair, or banking. Its strategic location at the crossroads of Business 16 (Hwy 16) and Hwy 150, with proximity to the Hwy 16 bypass, ensures high visibility and accessibility. The property benefits from the planned expansion of Hwy 150 from Hwy 16 to I-77 by 2029, positioning it within a future expansion corridor. This prime location is surrounded by a thriving mix of businesses, including a Food Lion anchored shopping center, various restaurants, a boat dealership, auto parts stores, bank branches, a CVS, Walgreens, and a Dollar General. The asking price for this exceptional property is $1,300,000. The parcel's size and zoning, combined with its strategic location and surrounding commercial activity, make it an attractive proposition for developers and investors seeking a high-growth area in North Carolina. The zip code is 28037.

Property profile
Verified
Property type Land
Lot 3.78 ac (164,657 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
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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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