Highway Commercial Development Opportunity
Land | 9.9 acres
Marketing description
Perfect for a Build to Suit Commercial Developer.
Terrell / Sherrills Ford in the Lake Norman area is a hot submarket in need of Commercial Amenities.
Rare Highway Commercial development opportunity positioned along the rapidly growing NC-150 corridor in Lake Norman of Catawba. Terrell Commons offers exceptional frontage, visibility, and accessibility within one of the region’s fastest-growing suburban commercial corridors. Surrounded by accelerating residential development and increasing consumer demand, the property is well-positioned for retail, office, medical, restaurant, recreation, and service-commercial uses. A conceptual retail / office development scenario has been prepared illustrating approximately 23,000 SF of potential commercial development including retail, restaurant, and professional office uses. An alternative sports and entertainment concept has also been explored demonstrating the property’s flexibility for destination-oriented commercial uses including indoor recreation, outdoor sports fields, fitness, entertainment, and event-oriented concepts.
Investment highlights
Use as individual bullet entries:
- Highway Commercial zoning in place
- ±9.974 acre commercial development site
- Significant frontage along NC-150
- Conceptual retail / office plan completed
- Alternative sports complex concept available
- Strong visibility and accessibility
- Rapid residential growth corridor
- Potential retail, office, medical, restaurant, and recreation uses
- Positioned within expanding Lake Norman market
- Regional commuter corridor exposure
9.94 ACRES
+/- 900 FEET OF HIGHWAY FRONTAGE
+/- 17,000 AADT on Hwy 150
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