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8042 N NC HWY 150 E 17.62 Acres of Commercial Land Offered at $4,200,000 in Terrell, NC 28682



Investment Highlights
- Frontage on NC Hwy 150.
- Excellent visibility and high traffic counts
- Ideal for retail, mixed-use, or redevelopment
- Prime location on NC Hwy 150 in Terrell, NC
- Situated in the Lake Norman growth corridor
- Strong surrounding demographics and nearby residential communities
Executive Summary
Property Facts
| Price | $4,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.62 AC |
| Property Type | Land | ||
| Zoning | R-20 - Residential | ||
| Price | $4,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.62 AC |
| Zoning | R-20 - Residential |
1 Lot Available
Lot
| Price | $4,200,000 | Lot Size | 17.62 AC |
| Price Per AC | $238,365.49 |
| Price | $4,200,000 |
| Price Per AC | $238,365.49 |
| Lot Size | 17.62 AC |
The site offers a prime commercial opportunity in the Lake Norman region. This property is positioned along a high-traffic corridor, providing excellent visibility and accessibility for retail, mixed-use, or redevelopment projects.
Description
The site consists of approximately 17.62 acres located along NC Highway 150 in Terrell, North Carolina. It is classified under zoning R-20, allowing for multiple potential uses upon rezoning or redevelopment. The property is situated in a high-traffic corridor with advantageous visibility and is surrounded by growing residential communities and strong local demographics. It lies within the Lake Norman submarket, which has established patterns of economic development and connectivity to the broader Charlotte region.
Property Taxes
| Parcel Numbers | Improvements Assessment | $256,100 | |
| Land Assessment | $172,600 | Total Assessment | $428,700 |
Property Taxes
Presented by
Lake Norman Agents
8042 N NC HWY 150 E
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