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9737 Nc Hwy 16
Newton, NC 28658
Newton Development Site · Land For Sale · 5.63 AC

INVESTMENT HIGHLIGHTS

  • The Site Also Has an Approved 10,000 SF of Additional Retail
  • Over 40,800 Residents Live Within a 5-Mile Radius Making an Average Household Income of $63,782
  • Located Within the Charlotte MSA
  • Tax Benefits – Located in an Opportunity Zone; New C-Stores May Qualify For 100% Bonus Depreciation
  • Located at a Hard Signalized Corner at the Intersection of NC Highway 16 and 20th Street Which Sees a Combined VPD of 22,300 Vehicles
  • Phenomenal Sales Projections - Kalibrate Study Completed Projecting C-Store Inside Sales of $140,000 Monthly and 190,000 Gallons Sold Per Month

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Carwash
  • Convenience Store
  • Fast Food
  • Restaurant
Total Lot Size 5.63 AC
Cross Streets 20th St
Zoning PD-SC-N - Planned Development Shopping Center Neighborhood

DESCRIPTION

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5.6 Acre Retail Development Site Located at the Hard Signalized Corner of NC Highway 16 and 20th Street In Newton, NC. This Opportunity Provides the Developer a Ready-to-Build Site Which is Approved For a 5,500 SF C-Store or a 4,000 SF C-Store With a 1,500 SF QSR Use. Other Good Uses Would Be an Auto Parts or a Strip Center. In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3741196264650000
Land Assessment
$157,400
Improvements Assessment
$0
Total Assessment
$157,400
  • Listing ID: 22272771

  • Date on Market: 2/18/2021

  • Last Updated:

  • Address: 9737 Nc Hwy 16, Newton, NC 28658

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