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$750,000
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Property Description
Prime Commercial Opportunity! This 5.9-acre property, newly rezoned Neighborhood Business (NB), is just 1 mile from I-77, offering excellent access and visibility. Mostly cleared and ready for development, it allows for a variety of businesses, including home occupations, family care homes, farm buildings, dance studios, daycare centers, government offices, recreation facilities, animal grooming and shelters, auto parking lots, bakeries, farmers markets, and more! Lake Norman State Park is less than 15 minutes away, adding to the appeal of this location. There are existing homes on the property with well and septic installed, though they will likely need to be removed. The full list of permitted uses is included in the attachments. Don't miss this rare opportunity in a growing area!
Full Property Details
Full Property Details for 116 Lipe Rd
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4231272
- Updated: 7/19/2025
- Added to Site: 371 day(s) ago
Parking
- Parking Features: Circular Driveway, Driveway
Location
- County: Iredell
- Cross Streets: Flower House Loop
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Manufactured
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Cleared, Corner Lot, Open Lot, Wooded
- Rcmdd Zoning: NB
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Land, Other
- Property ID: 4740-75-1250.000
- Lot Number: 94E-92
Listed by RE/MAX Properties Plus, Inc.
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Schools
Schools serving 116 Lipe Rd
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Troutman Elementary School 220 South Main Street, Troutman, NC 28166 | K-5 | 2.3 mi |
Troutman Middle School 305 Rumple Street, Troutman, NC 28166 | 6-8 | 2.2 mi |
South Iredell High School 299 Old Mountain Road, Statesville, NC 28677 | 9-12 | 9.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Lipe Rd
Date
Details
Price
Change
Source
7/19/2025
Price Reduced
$750,000
-6.25%
MLS
5/22/2025
Price Reduced
$799,999
-5.88%
MLS
3/06/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Lipe Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,565
—
$220,770
—
2024
$1,565
—
$220,770
—
2023
$1,565
36%
$220,770
54%
2022
$1,153
28%
$143,230
—
2021
$898
-17%
$143,230
—
2019
$1,087
9%
$143,230
9%
2018
$996
—
$131,800
—
2016
$996
—
$131,800
—
2015
$996
—
$131,800
-1%
2014
$1,000
—
$132,980
—
2013
$1,000
—
$132,980
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Lipe Rd
116 Lipe Road, Troutman, NC 28166 (MLS# 4231272) is a Commercial property. 116 Lipe Road is currently listed for $750,000 and was received on March 06, 2025. Want to learn more about 116 Lipe Road? Do you have questions about finding other Commercial real estate for sale in Troutman? You can browse all Troutman real estate or contact a Coldwell Banker agent to request more information.

