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187 Martin Ln - Martin Lane I-40

11.9 Acres of Commercial Land Offered at $1,840,000 in Statesville, NC 28625

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Investment Highlights

Great Visibility at I-40
Level topography

Approximately 1,200 feet frontage I-40 (eastbound on ramp and interstate)
High Growth Area

Executive Summary

Approximately 11.9 Acres located along I-40 in Statesville at exit 154. Highly visible from I-40 and located in an area experiencing growth coming from major road improvements along I-77 and I-40. The property has great topography with utilities at property. Housing is proposed to the east of this property and major industrial projects to the west. Annexed and Zoned B4 Highway Business. Adjoining acreage under contract for development.

Martin Lane Brochure

Property Facts

Price	$1,840,000	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Commercial Industrial Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bowling Alley Distribution Healthcare Hold For Development Industrial Park Master Planned Community Medical Movie Theater Neighborhood Center Office Park Outlet Center Planned Unit Development Restaurant Self Storage Strip Center Amusement Park Agribusiness
No. Lots	1	Total Lot Size	11.90 AC
Property Type	Land

Price	$1,840,000
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bowling Alley Distribution Healthcare Hold For Development Industrial Park Master Planned Community Medical Movie Theater Neighborhood Center Office Park Outlet Center Planned Unit Development Restaurant Self Storage Strip Center Amusement Park Agribusiness
Total Lot Size	11.90 AC

1 Lot Available

Lot

Price	$1,840,000	Lot Size	11.90 AC
Price Per AC	$154,622

Price	$1,840,000
Price Per AC	$154,622
Lot Size	11.90 AC

Approximately 11.9 acres Zoned B-4 in Statesville city limits, all utilities. I- 40 Frontage. level topography, high growth area. Adjoining acreage under contract for development. New Sheetz just opened on north side of interstate inchange.

Description

Approximately 11.9 Acres located along I-40 in Statesville at exit 154 which is experiencing much growth. Highly visible from I-40 and located in an area with major road improvements along I-77 and I-40. The property has great topography with utilities at property. Housing is proposed to the east of this property and major industrial projects to the west. in Statesville City limits, with B-4 Highway Business Zoning in place. For a user needing great interstate exposure, this is a great property.

PROPERTY TAXES

Parcel Numbers	Multiple 4755-86-3422.000 4755-86-5774.000	Improvements Assessment	$0
Land Assessment	$453,560	Total Assessment	$453,560

PROPERTY TAXES

Parcel Numbers

Multiple

4755-86-3422.000
4755-86-5774.000

Land Assessment

$453,560

Improvements Assessment

Total Assessment

$453,560

zoning

Zoning Code	B-4 (Zoned B4 Highway Business, inside city limits.)
B-4 (Zoned B4 Highway Business, inside city limits.)

Listing ID: 29726692
Date on Market: 10/6/2023
Last Updated:
Address: 187 Martin Ln, Statesville, NC 28625

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187 Martin Ln, Statesville, NC for sale Aerial- Image 1 of 6 — martin 2

187 Martin Ln, Statesville, NC for sale Aerial- Image 2 of 6 — I-40 Frontage

187 Martin Ln, Statesville, NC for sale Construction Photo- Image 3 of 6 — 11.9 Acres Martin Lane - Proposed Development

187 Martin Ln, Statesville, NC for sale Primary Photo- Image 4 of 6 — Tax Plat

187 Martin Ln, Statesville, NC for sale Site Plan- Image 5 of 6 — 11.9 Acres Martin Lane - Proposed Development

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