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    705 15Th St Newton, NC 28658

    Sponsored
    For Sale
    $327,900

    Versatile 866 sq ft space, high traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 705 W 15th Street in Newton, NC, presents a unique opportunity for a variety of businesses. The 0.71-acre lot boasts a strategically advantageous location, benefiting from an impressive North Carolina Department of Transportation (NCDOT) reported annual average daily traffic count of 19,500 vehicles. The main building offers 866 square feet of usable space, perfect for a retail outlet, office, or light industrial use. A significant advantage is the inclusion of a 432 square foot garage, providing ample storage or workshop space. While the property currently lacks central heating and air conditioning, a gas heater hookup is in place, offering the potential for cost-effective climate control upgrades. Previously utilized as a car lot, this property benefits from excellent visibility and easy accessibility, ensuring high potential for customer traffic. The property is available for sale at $327,900, or lease terms may be negotiated. This is an ideal location for businesses seeking high visibility and convenient access to a substantial daily traffic flow. The combination of building space and the large lot size offers significant flexibility for a wide range of commercial applications. Don't miss this chance to establish your business in a prime Newton location.

    Property Features for 705 15Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1935
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.23043
    Latitude
    35.67782

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 866 sq ft space, high traffic location.
    Where is this commercial real estate located?
    The property is located at 705 15Th St Newton, NC.
    What is the asking price?
    The asking price for this property is $327,900.
    (828) 322-1723
    Request Owner's contact information
    705 15Th St Newton, NC 28658
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    Newton, NC 28658
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 15Th St Newton, NC 28658
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