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$750,000

  • For Sale
  • Active
  • Commercial
  • 5.9 Acres
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Professional Photos to be uploaded week of 3/9/25. 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 for 116 Lipe Rd

General

  • Price: $750,000
  • Status: Active
  • Type: Commercial
  • Source: Triad_MLS
  • MLS ID: 1172646
  • Updated: 9/17/2025
  • Added to Site: 317 day(s) ago

Location

  • County: Iredell
  • Driving Directions: From I-77 Exit 42, take US-21 N/S Main St toward Troutman and continue for approximately 1.9 miles. Turn left onto Flower House Loop and follow it for about 0.5 miles. Then, turn right onto Lipe Rd and continue for another 0.2 miles.

Utilities

  • Gas: Available: Nearby
  • Sewer: Septic Tank
  • Water: Private

Lot Features

  • Lot Size (Acres): 5.9
  • Frontage Feet: Total Road Frontage:
  • Rail Service Desc.: None
  • Lot Features: Cleared, Corner Lot, Level, Partially Cleared

Financial Considerations

  • Price Per Acre: $127,118.6441
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Owner Sale

Listed by RE/MAX Properties Plus, Inc

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Listing agent

— 116 Lipe Rd —

  • RE/MAX Properties Plus, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Lipe Rd

School District:Iredell-Statesville Schools
NameGradesDistance
Troutman Elementary School
220 South Main Street, Troutman, NC 28166
K-52.3 mi
Troutman Middle School
305 Rumple Street, Troutman, NC 28166
6-82.2 mi
South Iredell High School
299 Old Mountain Road, Statesville, NC 28677
9-129.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Lipe Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2025
Price Reduced
$750,000
-6.25%
MLS
5/22/2025
Price Reduced
$799,999
-5.88%
MLS
3/06/2025
Listed
$850,000
—
MLS
Get Price Alerts and Save Property
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 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
—
View All
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 for 116 Lipe Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Properties Plus, Inc

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116 Lipe Road, Troutman, NC 28166 (MLS# 1172646) is a Commercial property with 0 bedrooms and 0 full bathrooms. 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.

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