Wakefield Gateway represents the future of northern Iredell County, where more than 53 acres of next-generation commercial development are transforming Statesville and Troutman into one of the region’s most dynamic growth corridors. This master-planned commercial village will feature curated retail, dining, and service-oriented spaces connected by walkable streets, green spaces, and community gathering areas. Designed with placemaking principles, Wakefield Gateway will serve thousands of new residents from neighborhoods such as Falls Cove, Serene Meadows, and Wallace Springs, creating a vibrant retail and lifestyle hub for the Charlotte metro area.
Located at 2625 Shelton Avenue, this ±2.2-acre property offers exceptional visibility with over 1,080 feet of frontage along Highway 21 at the planned signalized intersection of Shelton Avenue and Frazier Loop—the main gateway into Wakefield Gateway. The site benefits from upcoming NCDOT road widening, ensuring improved accessibility, traffic flow, and long-term value for future tenants or developers.
Perfectly positioned for ground lease or build-to-suit opportunities, the property is ideal for quick-service restaurants, national or regional retail brands, banking and financial services, convenience and fuel retailers, and urgent care or medical office uses. An existing 768 SF single-story structure, built in 1969, provides immediate utility or interim occupancy potential while redevelopment plans are finalized.
Surrounded by rapidly growing residential communities and located just minutes from I-77, Troutman, and Lake Norman, 2625 Shelton Avenue captures the daily traffic flow between two of the region’s fastest-growing municipalities, making it a prime location for long-term success.