165 Julian Pl, Troutman, NC 28166-8819
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB · Troutman, NCTroutman. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.