9737 Nc-16Newton, NC 28658

For Sale
$550,000
High-traffic location, development-ready

Overview

Added:
Dec 11, 2024
Days on market:
125
This 2.63-acre parcel in Newton, NC, offers a phenomenal opportunity for a convenience store with gas pumps. Located at a hard-signalized intersection on Hwy 16, this site boasts over 25,000 vehicles passing daily in 2023. The property is zoned PD-SC-N and approved for a 6,000 sq ft convenience store/quick-service restaurant with a drive-thru. Utilities including water, sewer, natural gas, and power are readily available on-site. A Kalibrate feasibility study projects impressive monthly sales of 190,000 gallons of fuel and $140,000 in inside store sales. The site benefits from a dense demographic area, with over 20,000 residents and 18,000+ daytime employees within a 3-mile radius. Projected population and household growth within a 1-mile radius is +2.88% from 2022-2027. This location is part of the Charlotte, NC MSA, ranked #22 in the U.S. An adjacent 3-acre retail parcel is available for separate purchase at $550,000

Highlights

  • Over 25,000 vehicles pass the site daily.
  • Utilities (water, sewer, natural gas, and power) are available on-site.
  • 10.5-acre land parcel in Newton, NC, within the Charlotte MSA (ranked #22 nationally).
  • Dense population: 20,000+ residents and 18,000+ daytime employees within a 3-mile radius.
  • Projected 2.88% population and household growth within a 1-mile radius from 2022-2027.
  • Hard corner signalized intersection of East 20th Street and NC Hwy 16, ideal for C-Store development.

Property Details for 9737 Nc-16

Property type
Land
Lot Size (sq. ft)
114,563 SF

Location Insight

City
Newton
County
Catawba
State
North Carolina
Latitude
35.688204352744
Longitude
-81.199463532179
9737 Nc-16, Newton, North Carolina

FAQs

What type of property is this?
Land - High-traffic location, development-ready
Where is the land located?
The property is located at 9737 Nc-16 Newton, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Over 25,000 vehicles pass the site daily.; Utilities (water, sewer, natural gas, and power) are available on-site.; 10.5-acre land parcel in Newton, NC, within the Charlotte MSA (ranked #22 nationally).
How can I contact the broker?
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9737 Nc-16
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