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    Troutman, NC
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    Troutman, NC Single Family Properties for Sale

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    Statesville, NC Mooresville, NC Cleveland, NC Catawba, NC Sherrills Ford, NC Mt Ulla, NC Valdese, NC
    5.9 Acres Investment Opportunity
    Updated: Apr 30
    5.9 Acres Investment Opportunity

    116 Lipe Road, Troutman, NC 28166

    $699,900
    5.90 AC lot
    Immediate cash flow from two income‑producing homes.
    5.9 acres with Neighborhood Business (NB) zoning allowing for residential or future commercial/mixed‑use development.
    Located 1 mile from I‑77, providing convenient highway access.
    Value‑add opportunity to renovate existing homes and increase rents.
    Existing well and septic systems in place.
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    Commercial Land with NB Zoning
    Updated: Apr 30
    Commercial Land with NB Zoning

    116 Lipe Road, Troutman, NC 28166

    $699,900
    5.90 AC lot
    5.9‑acre commercial land parcel zoned Neighborhood Business (NB)
    Well and septic infrastructure on site
    Two existing structures at 116 and 128 Lipe Rd convey; both require renovation
    Income‑producing rental income from the two existing structures
    Mostly cleared acreage to support development
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    See what stands out in Iredell County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Troutman, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Extensive Road Frontage
    Commercial Land with Extensive Road Frontage

    5446 Mooresville Road, Kannapolis, NC 28081

    $900,000
    2.58 AC lot

    A highly visible commercial site with substantial frontage and flexible development concepts along a key corridor in Kannapolis.

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    Lakefront Land with Deep Water
    Lakefront Land with Deep Water

    4677 Stratford Lane, Denver, NC 28037

    $2,750,000
    3.50 AC lot

    Waterfront acreage includes existing residences and boat docks, with cable availability and well and septic service considerations.

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    Kannapolis Land with Road Frontage
    Kannapolis Land with Road Frontage

    5724 Mooresville Road, Kannapolis, NC 28081

    $375,000
    4.17 AC lot

    4.17 acre parcel with development potential near downtown Kannapolis.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    3427 N Nc 16 Highway, Denver, NC 28037

    $549,900
    3.56 AC lot

    3.56-acre tract with 180+ feet of road frontage and an approximately 1,898-sq.-ft. residence on-site.

    View details

    Troutman, NC Single Family Properties Market Trends and Statistics

    Explore 2 single family properties for sale in Troutman, NC on our real estate platform.

    Sale prices for single family properties in Troutman, NC average $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) +17.2%
    Median Household Income $85,107
    College Educated 32.1%

    High-Yield Neighborhoods for Investment

    Identify Troutman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28166 $699.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $22.11 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Iredell County

    New Delisted

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