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Property profile & analytics

21 East St Newton, NC 28658

  • Commercial real estate
  • 5,346 SF
  • 0.06 lot acres
For Lease
Last Sale
Oct 14, 2022
$240,000
Value Estimations
$190,000
Cap Rate Potential
Location Intelligence
Property ID
US53-0986641
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 21 East St

Year built
1907
Construction
WOOD
Lot size
0.06 lot acres
Property size
5,346 SF
Zone code
B-3
Property type
Commercial real estate
APN
3730-16-93-9493
APU
373016939493

Description

This exceptional 2,325 square foot single-tenant office suite is ideally situated in the heart of Downtown Newton, North Carolina, at 21 E A St, zip code 28658. The property is classified as both Traditional and Creative Office space, making it suitable for a variety of professional uses. Its ground-level location offers excellent visibility and accessibility. The interior boasts multiple private offices, providing ample space for individual work or team collaboration. A convenient kitchenette is included, along with dedicated waiting and reception areas to ensure a professional and welcoming atmosphere for clients and visitors. Significant storage space is also available to meet various business needs. The location is highly advantageous, being within walking distance of banks, restaurants, and other businesses, fostering a vibrant and convenient work environment. Furthermore, its proximity to the county courthouse, less than a mile away, adds to its strategic appeal. Currently, a special reduced rent rate is being offered, a significant benefit tied to the ongoing Newton Streetscape Project. This presents a unique opportunity to secure a prime location in a thriving downtown area at a reduced cost. This property is perfect for businesses seeking to establish a presence or expand their operations in a dynamic and growing community. Don't miss this chance to secure this exceptional space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $195,000
    ML approach
    $195,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $127,000
    Market price range: $127k - $381k
    AI Estimate
    $204,000
    Market price range: $205k - $472k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newton
County
Catawba
State
North Carolina
Longitude
-81.2222
Latitude
35.6625
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,694
$15,700
$61,600
$77,300
-
$15,700
$61,600
$77,300
More about this property
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