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    29 A St Newton, NC 28658

    Sponsored
    For Sale
    $249,900

    Prime Location, Tenant Occupied, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional property at 29 E A Street, Newton, NC, presents a unique investment opportunity. The building, steeped in history, is situated on a 0.05-acre lot in the heart of downtown Newton. Its strategic location between Highway 16 and Highway 321 ensures high visibility and significant foot traffic, capitalizing on the vibrant energy of Newton's revitalized downtown area. Currently occupied by a tenant, this property offers immediate income potential for investors seeking a hands-off approach to real estate ownership. The building itself offers flexibility

    Property Features for 29 A St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.22198
    Latitude
    35.66248

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Tenant Occupied, High Traffic
    Where is this commercial real estate located?
    The property is located at 29 A St Newton, NC.
    What is the asking price?
    The asking price for this property is $249,900.
    (828) 328-8900
    Request Owner's contact information
    29 A 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
    29 A St Newton, NC 28658
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