For Sale
$324,900

1240 Nc 16 Hwy Conover, NC 28613

High-traffic corner lot, ideal for retail.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 2.38-acre commercial land parcel presents a prime investment opportunity in Conover, NC. Strategically located on a corner lot directly off Highway 16 and I-40 Exit 132, this highly visible property boasts over 460 feet of road frontage along Thornburg Drive NE, leading to I-40W, and an additional 150 feet of frontage along Highway 16. Its CC zoning is perfect for a variety of retail sales and service businesses. The property benefits from its proximity to a Walmart shopping center and enjoys significant traffic volume, with an average annual daily traffic (AADT) of 15,500 vehicles on Thornburg Drive NE (RPR 2021) and 9,200 vehicles on Highway 16 (RPR 2023). Municipal water is available at the street, and sewer access is located at the rear of the property. This location offers easy access to major transportation arteries, including I-40, US Route 70, US Route 321, and NC Highway 16. The property is also conveniently situated near numerous dining, retail, hotel, and office options within a one-mile radius. Recreational amenities such as Rock Barn Country Club and Spa (5 miles), Lake Hickory (10 miles), and Lake Norman (25 miles) are also within easy reach. Charlotte Douglas International Airport is approximately 45 miles away. The asking price is $324,900. Note that two adjacent parcels, totaling 14.07 acres, are available for purchase separately, presenting the possibility of acquiring a significantly larger development site.

Highlights

  • 2.38-acre corner lot at Hwy 16 & I-40 Exit 132, Conover, NC.
  • High visibility with over 460 ft of road frontage on Thornburg Drive and 150 ft on Hwy 16.
  • CC zoning suitable for retail and service businesses.
  • Across from a Walmart shopping center, high traffic area (AADT 15,500 on Thornburg Drive, 9,200 on Hwy 16).
  • Municipal water and sewer available.
  • Two adjacent parcels (2.69 acres & 11.38 acres) available separately for potential expansion.

Property Details for 1240 Nc 16 Hwy

Property type
Land
Lot Size (sq. ft)
103,673 SF

Location Insight

City
Conover
County
Catawba
State
North Carolina
Latitude
35.7253708
Longitude
-81.2077183
1240 Nc 16 Hwy, Conover, North Carolina

FAQs

What type of property is this?
Land - High-traffic corner lot, ideal for retail.
Where is the land located?
The property is located at 1240 Nc 16 Hwy Conover, NC.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2.38-acre corner lot at Hwy 16 & I-40 Exit 132, Conover, NC.; High visibility with over 460 ft of road frontage on Thornburg Drive and 150 ft on Hwy 16.; CC zoning suitable for retail and service businesses.
How can I contact the broker?
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1240 Nc 16 Hwy
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