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8042 N NC HWY 150 E 17.62 Acres of Commercial Land Offered at $5,810,658 CAD in Terrell, NC 28682



Investment Highlights
- Frontage on NC Hwy 150.
- Excellent visibility and high traffic counts
- Ideal for retail, mixed-use, or redevelopment
- Prime location on NC Hwy 150 in Terrell, NC
- Situated in the Lake Norman growth corridor
- Strong surrounding demographics and nearby residential communities
Executive Summary
Property Facts
| Price | $5,810,658 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.62 AC |
| Property Type | Land | ||
| Zoning | R-20 - Residential | ||
| Price | $5,810,658 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.62 AC |
| Zoning | R-20 - Residential |
1 Lot Available
Lot
| Price | $5,810,658 CAD | Lot Size | 17.62 AC |
| Price Per AC | $329,776.27 CAD |
| Price | $5,810,658 CAD |
| Price Per AC | $329,776.27 CAD |
| Lot Size | 17.62 AC |
The site offers a prime commercial opportunity in the Lake Norman region. This property is positioned along a high-traffic corridor, providing excellent visibility and accessibility for retail, mixed-use, or redevelopment projects.
Description
The site consists of approximately 17.62 acres located along NC Highway 150 in Terrell, North Carolina. It is classified under zoning R-20, allowing for multiple potential uses upon rezoning or redevelopment. The property is situated in a high-traffic corridor with advantageous visibility and is surrounded by growing residential communities and strong local demographics. It lies within the Lake Norman submarket, which has established patterns of economic development and connectivity to the broader Charlotte region.
Property Taxes
| Parcel Numbers | Improvements Assessment | $353,147 CAD | |
| Land Assessment | $238,005 CAD | Total Assessment | $591,152 CAD |
Property Taxes
Presented by
Lake Norman Agents
8042 N NC HWY 150 E
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