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Investment Highlights

  • Surrounded by the Wakefield Village development
  • ±6 acres offered for sale (portion of a larger 8+ acre tract)
  • Surrounded by the Wakefield Village development and nearby mixed-use growth corridors
  • Sellers are open to possible ingress/egress easements, different configurations, or selling the whole parcel.
  • Located along Hwy. 21 in the growing Troutman market
  • Includes an approximately 18,600 SF brick building originally constructed in 1920

Executive Summary

The owners are marketing approximately 6 acres at 122 Frazier Loop in Troutman, NC for redevelopment or investment. The property is located along Hwy. 21 and is surrounded by the Wakefield Village development area. Improvements include an approximately 18,600 SF brick building originally constructed in 1920 that has been stripped to the studs for renovation, along with a newer 3,500 SF residential structure built in 2023. The total parcel contains more than 8 acres, with approximately 6 acres being offered for sale, and sellers have indicated flexibility regarding parcel configuration, ingress/egress easements, or the potential sale of the entire tract. The property is currently zoned RS and presents a potential redevelopment opportunity in a growing Troutman corridor. [loopnet.com], [crexi.com]Provide your feedback on BizChatSources

Property Facts

Price $2,790,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 6.00 AC
Zoning RS - Residential

1 Lot Available

Lot

Price $2,790,000
Price Per AC $465,000.00
Lot Size 6.00 AC

The whole parcel is 8 acres +/-. Sellers are offering 6 acres to be split off at closing. Sellers are open to possible ingress/egress easements, different configurations, or selling the whole parcel.

Description

Don’t miss this incredible opportunity to own a versatile 6 acre property in Troutman, NC ready for renovation or re-development! Located on Hwy. 21 and surrounded by the Wakefield Village development and MU zoning. Currently zoned RS, there are two buildings on the property. The first is an 18,600 sq ft +/- brick building built in 1920. The interior has been stripped to the studs. The second is a 3500 sq. ft +/- 7 bedroom, 7 bathroom home built in 2023. The whole parcel is 8 acres +/-. Sellers are offering 6 acres to be split off at closing. Sellers are open to possible ingress/egress easements, different configurations, or selling the whole parcel.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41122734

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 122 Frazier loop, Troutman, NC 28166

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