Industrial Building with Dock
2011 N Main Ave Newton, NC 28658
2011 N Main Ave, Newton, NC, 28658
Contact for pricing
For Sale
Contact for pricing
Fully conditioned industrial building with 15' ceilings and dock access on a hard-corner site.
Property Size31,000 SF
Lot Size3.25 Acres
Price / SF$67.71
Days on Market97
Property Features for 2011 N Main Ave
General Information
- Standard status
- Active
- Size
- 31,000 SF
- Lot size
- 3.25 Acres
- Property subtype
- Industrial
Listing agency
Commercial First
(828) 322-8022
Listed by
Ryan Lovern · License #NC 196483
Source
Crexi
Added: Apr 17 Updated: Jul 21 at 7:01AM Checked: Jul 21 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial First
Investment Insights
Based on property information with market context.
This for-sale industrial building offers 31,000 SF of fully conditioned space with 15' ceilings. The facility includes 2 dock doors and 1 ground level door, with additional door opportunities noted by the seller.
The property sits on a 3.25-acre site at a hard corner in Newton with a stoplight, providing convenient access for logistics and operations and strong visibility for passing traffic.
The current configuration supports a range of industrial uses consistent with the building’s conditioned interior and overhead height, including warehousing, manufacturing, or distribution.
The property sits on a 3.25-acre site at a hard corner in Newton with a stoplight, providing convenient access for logistics and operations and strong visibility for passing traffic.
The current configuration supports a range of industrial uses consistent with the building’s conditioned interior and overhead height, including warehousing, manufacturing, or distribution.
Key Highlights
- 31,000 SF industrial building in Newton on a hard‑corner site with a stoplight for access
- 3.25‑acre lot with hard‑corner positioning for exposure and easy logistics operations
- 15' ceilings for warehousing, manufacturing, or distribution use
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $249.2k | $8.04 |
| − Vacancy | −$16.9k | −$0.55 |
| EGI | $232.3k | $7.49 |
| − OpEx | −$69.7k | −$2.25 |
| NOI | $162.6k | $5.25 |
31,000 SF · lease $8.04/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$2.82M
$2.47M – $3.29M
NOI $197,448 @ 7.0% cap · market cap 9.41%
Second Best
Industrial
$2.32M
$2.03M – $2.71M
NOI $162,604 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$9.06M
$7.92M – $10.56M
NOI $633,888 @ 7.0% cap · market cap 30.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- Newton-Conover RV and Self Storage — 2423 N Main Ave, Newton, NC 28658
- Affordable Moving and Storage, LLC — 514 W 21st St, Newton, NC 28658
FAQs
What type of property is this?
Warehouse - Fully conditioned industrial building with 15' ceilings and dock access on a hard-corner site.
Where is this warehouse located?
The property is located at 2011 N Main Ave Newton, NC.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: 31,000 SF industrial building in Newton on a hard‑corner site with a stoplight for access; 3.25‑acre lot with hard‑corner positioning for exposure and easy logistics operations; 15' ceilings for warehousing, manufacturing, or distribution use
