Description
This Prime 3 acre commercial parcel in Newton, NC, boasts an enviable location at the intersection of East 20th St & NC Hwy 16 By-pass, with a staggering daily traffic count of 25,000+ vehicles per day, per Co Star. Hard signaled intersection. Situated in the Charlotte, Metro. Statistical Area, ranked 22nd in the USA, it offers a dense demographic of over 20,000 residents within a 3-mile radius and workforce of 18,000+in the same vicinity. Projected population & household growth +2.88% from '22 to '27 within 1-mile radius further enhances its investment potential. City approved for a 10,000 sf Retail store space. Water, Gas and Sewers are at the property. The adjacent 2.63 acre convenience store proposed parcel is available for separate purchase. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.
School Information
Offered by MarketPlace Realty, Inc.: 828-781-2659. Copyright 2025 Canopy MLS. All rights reserved.Description
This Prime 3 acre commercial parcel in Newton, NC, boasts an enviable location at the intersection of East 20th St & NC Hwy 16 By-pass, with a staggering daily traffic count of 25,000+ vehicles per day, per Co Star. Hard signaled intersection. Situated in the Charlotte, Metro. Statistical Area, ranked 22nd in the USA, it offers a dense demographic of over 20,000 residents within a 3-mile radius and workforce of 18,000+in the same vicinity. Projected population & household growth +2.88% from '22 to '27 within 1-mile radius further enhances its investment potential. City approved for a 10,000 sf Retail store space. Water, Gas and Sewers are at the property. The adjacent 2.63 acre convenience store proposed parcel is available for separate purchase. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.
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