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    OFF-MARKET
    Commercial land

    165 Julian Pl, Troutman, NC 28166-8819

    1.06 ac lot
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US53-0380191
    Property summary
    AI-generated overview

    This exceptional 1-1.2 acre commercial lot in Troutman, NC, presents a unique investment opportunity. Situated on Highway 21, near I-77 exit 42, this level, cleared parcel boasts high visibility and accessibility. The property is zoned HB and offers significant frontage (215 ft) and depth (228 ft), ideal for a variety of commercial uses. Its strategic location within a growth corridor benefits from substantial traffic volume, with 58,000 average daily traffic (ADT) on I-77 and 18,000 ADT on Highway 21. The asking price is $675,000, translating to a land value of $12.73 per square foot. The property's APN is 4740871134. This is a rare chance to acquire a well-positioned commercial lot in a thriving area with excellent potential for significant return on investment. Don't miss this opportunity to establish your business in a prime location with exceptional visibility and convenient access to major transportation arteries. The property is located at 165 Julian Pl, Troutman, NC 28166, in Iredell County.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.06 ac (46,217 SF)
    Zoning code HB
    APN 4740-87-1123.000
    UPID US53-0380191
    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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    Blend (final) Blend
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    Owner & transaction history
    Ronnie Hon Yee · 4 yrs held
    Ronnie Hon Yee
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    HB · Troutman, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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