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- LoopNet Team
9737 Nc Hwy 16
Newton, NC 28658
Newton Development Site · Land For Sale
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5.63 AC
INVESTMENT HIGHLIGHTS
- Hwy 16 - 18,000 vehicles per day, 20th ST - 4000 vehicles per day
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 5.63 AC |
| Property Subtype | Commercial | Cross Streets | 20th St |
| Proposed Use | |||
| Zoning | PD-SC-N - Planned Development Shopping Center Neighborhood | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.63 AC |
| Cross Streets | 20th St |
| Zoning | PD-SC-N - Planned Development Shopping Center Neighborhood |
DESCRIPTION
Ready to build. 5,500 sf convenience store with gas pumps, and fast food, on the corner of Hwy 16 Bypass and 20th St in Newton. There is a traffic light at this intersection for easy ingress/egress. The convenience store and breakfast or sandwich serving food operation with a drive thru service window. This is a fantastic location. There is no convenience store on the Hwy 16 Bypass anywhere near this site. Traffic on Hwy 16 is 18,000 cars per day and Traffic on 20th St is about 4000 per day. Hwy 16 traffic is sure to increase when the 4 lane construction is completed in 18 months or so. Also there are several thousand workers in manufacturing plants within a 1 mile radius. Kalibrate has completed a feasibility study showing gas sales of 170,000 gal. per month, Diesel sales of 20,000 gal. per month and inside store sales of $140,000 per month. City water, Sanitary sewer and natural gas are all at the property. Lot is 2.6 acres. A commercial appraisal was completed just prior to the Kalibrate study being finished with a value of $425,000. This site is in a NC Opportunity Zone with great tax benefits. Call Claude 828 781 9875
PROPERTY TAXES
| Parcel Number | 3741196264650000 | Improvements Assessment | $0 |
| Land Assessment | $157,400 | Total Assessment | $157,400 |
PROPERTY TAXES
