Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    7131 Nc-73 Denver, NC 28037

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7131 Nc-73 Denver, NC 28037

    View on Map
    • Land
    • 16.74 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 7131 Nc-73

    Lot size
    16.74 lot acres
    Property type
    Land

    Description

    This exceptional 16.74-acre commercial land parcel presents a unique investment opportunity in Denver, North Carolina. Located in Lincoln County, with a convenient address at 7131 NC-73, zip code 28037 (latitude 35.451771, longitude -81.0014084), this property is zoned Planned Development - Commercial (PD-C), offering significant development potential. The site boasts excellent visibility and accessibility, situated adjacent to a Walmart supercenter that draws over 215,000 monthly visitors, providing substantial traffic and consumer base. The area is further supported by a strong employment base, with approximately 8,816 employees within a 5-mile radius, including major employers like Lincoln County Schools, American Woodmark, and The Timken Company. Nearby attractions such as Lake Norman, Catawba Springs Promenade, and Cambridge Village add to the area's appeal and potential for increased foot traffic. The property's proximity to NC-16 ensures easy access for commuters and businesses. There is also the potential for an additional approximately 16.8 acres of adjacent land, expanding the development possibilities. Parcel ID is 30725. This prime location, combined with the high traffic volume and strong local economy, makes this a compelling investment opportunity for developers and businesses seeking a strategic foothold in a thriving market. Within a 10-mile radius, there are 22 hotels, indicating a robust tourism sector. This property offers significant potential for a variety of commercial developments.

    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
    -81.0014
    Latitude
    35.4518

    Comparable in this City

    • Value Estimation by Request
      3.78 Acres

      6252 Nc-16

      Land • 3.78 Acres
      6252 Nc-16, Denver, NC 28037
      View Details
    • Value Estimation by Request
      59.43 Acres

      16 Denver Nc

      Land • 59.43 Acres
      16 Denver Nc, Denver, NC 28037
      View Details
    • Value Estimation by Request
      5.00 Acres

      Fairfield Forest Rd

      Land • 5.00 Acres
      0 Fairfield Forest Rd, Denver, NC 28037
      View Details
    • Value Estimation by Request
      19.22 Acres

      00 Nc 16 Hwy

      Land • 19.22 Acres
      00 Nc 16 Hwy, Denver, NC 28037
      View Details
    • Value Estimation by Request
      2.31 Acres

      257 Nc-16

      Restaurants • 2.31 Acres
      257 Nc-16, Denver, NC 28037
      View Details
    • Value Estimation by Request
      5.95 Acres

      7259 Nc-73

      Land • 5.95 Acres
      7259 Nc-73, Denver, NC 28037
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available For Sale

      Land available for sale in Denver, North Carolina.
      2100 Business Hwy, Denver, NC 28037
      View Details
    • Contact for pricing

      783.88 Acres on Hwy 16

      783.88 acres of land for sale on Hwy 16.
      7613 Kidville Rd, Denver, NC 28037
      View Details
    • $1,300,000
      Pending

      Wooded Land For Sale

      57+/- acres of wooded land available in Denver, North Carolina.
      57+/- Acres Grassy Crk Rd, Denver, NC 28037
      View Details
    • $399,900
      10.46 Acres

      Wooded Land in Denver, NC

      10.46 acres of wooded land with development potential.
      Saint James Church Rd, Denver, NC 28037
      View Details
    • New
      $2,500,000
      50.77 Acres

      50 Acres Near Lake Norman

      50 wooded acres near Lake Norman in Denver, North Carolina.
      Kidville Rd, Denver, NC 28037
      View Details
    • $1,600,000
      1,310 SF

      Denver Commercial Land Investment Opportunity

      High-Visibility Hwy 16 Business Property
      3229 Business Hwy, Denver, NC 28037
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Highway 73 Land for Lease

      5.95 acres available on Highway 73 in Denver, NC.
      7259 Nc 73 Hwy, Denver, NC 28037
      View Details
    • Contact for pricing

      Retail Space in Denver, NC

      Retail space available near major retailers in Denver, North Carolina.
      Hawthorne Dr & Cottonwood Cmns Dr, Denver, NC 28037
      View Details
    • Contact for pricing

      Retail Space in Denver, NC

      Retail space available in West Pointe Shoppes, Denver, North Carolina.
      751 Nc Hwy, Denver, NC 28037
      View Details
    • Contact for pricing
      226,800 SF

      Industrial Warehouse Space Available

      Large industrial warehouse space for rent in Denver, NC.
      Highway 16, Denver, NC 28037
      View Details
    • $8,000 /Mo
      43,996 SF

      Flexible Industrial Space Near Lake Norman

      Versatile industrial facility in eastern Lincoln County, ideal for contractors.
      7590 Townsend Dr, Denver, NC 28037
      View Details
    • Contact for pricing

      4,400 SF Industrial Unit

      Industrial unit for lease featuring two drive-in doors.
      7471-7473 Hagers Hollow Dr, Denver, NC 28037
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7131 Nc-73
    Denver, NC 28037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    7131 Nc-73, Denver, NC, 28037

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!