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Property profile & analytics

23 A St Newton, NC 28658-3301

  • Commercial real estate
  • 3,402 SF
  • 0.04 lot acres
OFF-MARKET
Value Estimation
$115,000
Last Sale
Oct 14, 2022
$147,500
Location Intelligence
Property ID
US53-1653870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 23 A St

Year built
1920
Construction
WOOD
Lot size
0.04 lot acres
Property size
3,402 SF
Zone code
B-3
Property type
Commercial real estate
APN
3740-13-03-0423
APU
374013030423

Description

This exceptional 1,701 square foot retail space is located at 23 E St Unit #A in the heart of Downtown Newton, North Carolina, 28658. Situated in Central Square, this newly renovated ground-level suite boasts a spacious, open floor plan, ideal for a variety of retail or office uses. The property has received all necessary approvals from Catawba County. Its prime location offers unparalleled convenience, being within walking distance of numerous banks, restaurants, and other businesses. The proximity to the county courthouse, less than a mile away, further enhances its appeal. This is a truly remarkable opportunity to establish a presence in a thriving community undergoing significant revitalization. Currently, there is a favorable lease deal available, making this an even more attractive proposition for prospective tenants. This offer is particularly appealing given the ongoing Newton Streetscape Project, which is transforming the area and driving increased foot traffic and visibility. Don't miss this chance to secure your place in this vibrant and growing downtown area. The property is a single-tenant space, offering exclusivity and control.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $120,000
  • CAP approach

    CAP return
    Estimation
    6%
    $95,000
    6.5%
    $100,000
    7%
    $100,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $110,000
    Geo Method
    $90,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $85,000
    Retail
    $95,000
    Mixed-Use
    $105,000
    Hospitality
    $85,000
    Educational
    $95,000
    Residential Income
    $95,000
    Energy
    $100,000
    Income-Based Land
    $105,000
    Food Service
    $85,000

Location Insight

  • Map
  • Local Demand
City
Newton
County
Catawba
State
North Carolina
Longitude
-81.2221
Latitude
35.6625
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,298
$9,600
$143,400
$153,000
-
$9,600
$143,400
$153,000
More about this property
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