165 Julian PlTroutman, NC 28166

  • Commercial land
  • 1.06 AC
For Sale
$675,000 View listing

Property Details for 165 Julian Pl

Lot size
1.06 AC
Zone code
HB
Property type
Commercial land
APN
4740-87-1123.000
APU
4740871123000

Description

This exceptional 1-1.2 acre commercial lot in Troutman, NC, presents a unique investment opportunity. Situated on Highway 21, near I-77 exit 42, this level, cleared parcel boasts high visibility and accessibility. The property is zoned HB and offers significant frontage (215 ft) and depth (228 ft), ideal for a variety of commercial uses. Its strategic location within a growth corridor benefits from substantial traffic volume, with 58,000 average daily traffic (ADT) on I-77 and 18,000 ADT on Highway 21. The asking price is $675,000, translating to a land value of $12.73 per square foot. The property's APN is 4740871134. This is a rare chance to acquire a well-positioned commercial lot in a thriving area with excellent potential for significant return on investment. Don't miss this opportunity to establish your business in a prime location with exceptional visibility and convenient access to major transportation arteries. The property is located at 165 Julian Pl, Troutman, NC 28166, in Iredell County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $22,274,000
    Retail / Commercial
    $11,554,000
    Mixed-Use / Specialty
    $11,616,800
    Hospitality / Lodging
    $8,658,220
    Office
    $11,656,000
    Institutional / Educational
    $12,113,900
    Residential Income
    $14,173,300
    Multifamily
    $16,422,200
    Automotive / Energy
    $10,383,300
    Parking / Income-Based Land
    $3,480,440
    Restaurant / Food Service
    $6,263,880
    Healthcare / Senior Housing
    $11,806,100

Location Insight

City
Troutman
County
Iredell
State
North Carolina
Latitude
35.6788
Longitude
-80.8584
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,528
$411,670
-
$411,670
-
$411,670
-
$411,670

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