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    118 Brady Ave Newton, NC 28658

    Sponsored
    For Sale
    $58,000

    Level lot, city utilities, ready to build.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.38-acre commercial lot, located at 118 S Brady Avenue in Newton, North Carolina, presents a fantastic opportunity for developers and investors. Priced competitively at $58,000, this property boasts convenient access to city water and sewer lines, eliminating the complexities and costs associated with establishing these essential utilities. The lot is generally level, providing a straightforward foundation for construction. While the exact square footage isn't specified, the 0.38-acre size offers ample space for a variety of commercial ventures. Prospective buyers should be aware that county-specific restrictions are in place, and it is the responsibility of the purchaser to review and understand these limitations before making an offer. This property's prime location in Newton, combined with its readily available utilities and buildable nature, makes it an attractive investment for those seeking to establish a new business or expand existing operations. The straightforward nature of the site, coupled with its competitive price point, makes this an ideal opportunity for quick development and a strong return on investment. Serious inquiries are encouraged to investigate the county restrictions and explore the potential of this valuable commercial land. Don't miss this chance to acquire a well-situated lot in a growing area.

    Property Features for 118 Brady Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,553 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.22148
    Latitude
    35.66101

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    FAQs

    What type of property is this?
    Commercial real estate - Level lot, city utilities, ready to build.
    Where is this commercial real estate located?
    The property is located at 118 Brady Ave Newton, NC.
    What is the asking price?
    The asking price for this property is $58,000.
    (704) 540-7500
    Request Owner's contact information
    118 Brady Ave 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
    118 Brady Ave Newton, NC 28658
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