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Retail Investment Property
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570 Pineola Street, Newland, NC 28657

For sale retail property with a stated 5.75% cap rate and 3,044 SF.

Property Size3,044 SF
Days on Market121

Property Features for 570 Pineola Street

General Information

Standard status Active
Size 3,044 SF
Property subtype Retail

Additional Details

Cap Rate 5.75%
Listing Agency: Matthews
Listed By: Connor Olandt · License #CA 01985082
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:48PM

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 Matthews

Investment Insights

Based on property information with market context.

This for-sale retail investment property is offered with a stated 5.75% cap rate and totals 3,044 SF.

The property is located at 570 Pineola Street in Newland, North Carolina (28657).

Key Highlights

  • Retail property for sale with a stated 5.75% cap rate
  • 3,044 SF retail building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Furniture & Home Goods Building Supply (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 33%
Bojangles' Famous Chicken 'n Biscuits Dining
15,258 visits/mo 0.4 miles
Hardee's Dining
9,397 visits/mo 0.0 miles
Valero Energy Shops & Services
3,134 visits/mo 0.2 miles
United Community Bank Shops & Services
2,612 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
2,450 visits/mo 0.3 miles

Demographics for 28657, NC

9,086
Population
6,249
Households
1.5
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
160.0 sq mi
ZIP Area
57
Density / Sq Mi
$56,371
Median Household Income
$35,045
Median Earnings
$748
Median Rent
$223,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with a stated 5.75% cap rate and 3,044 SF.
Where is this retail space located?
The property is located at 570 Pineola Street Newland, NC.
What are key features of this property?
This property features: Retail property for sale with a stated 5.75% cap rate; 3,044 SF retail building
More about this property
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