Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Auto Way Dr Newton Grove, NC 28366

    Sponsored
    For Sale
    $700,000

    5.32 acres, ideal retail/restaurant location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 5.32-acre commercial land parcel presents a remarkable investment opportunity in Newton Grove, North Carolina. Strategically located at the intersection of I-40 and NC 55/NC 50 Highway, this property boasts exceptional visibility and accessibility, with over 20,000 vehicles traversing I-40 daily. The site comprises two lots: a 1.16-acre lot and a larger 4.16-acre lot, offering flexibility for various development scenarios. Ideal uses include convenience stores, sit-down restaurants, or other retail establishments

    Property Features for 0 Auto Way Dr

    General Information

    Property type
    Land
    Lot Size
    231,739 SF

    HighLights

    • 5.32‑acre tract at I‑40 and NC 55/NC 50 intersection.
    • 1.16‑acre parcel.
    • 4.16‑acre parcel.
    • Suitable for retail development (convenience store or sit‑down restaurant).
    • No quick‑service restaurants permitted.
    • High traffic count: 20,000+ vehicles daily on I‑40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newton Grove
    County
    Sampson
    State
    North Carolina
    Longitude
    -78.3387066
    Latitude
    35.2194127

    Nearby Comparable

    • $700,000
      5 SF

      Land For Sale Newton Grove

      Land for sale at I-40 and NC 55 Hwy.
      Auto Way Dr, Newton Grove, NC 28366
      View Details
    • $329,900
      4.16 Acres

      Commercial Building on Large Parcel

      Commercial building on 4+ acres with full kitchen.
      4400 Newton Grove Hwy, Newton Grove, NC 28366
      View Details
    • $125,000
      3.17 Acres

      Cleared Land in Newton Grove

      3+ acre lot with potential for home or small farm.
      Mill Creek Church Rd, Newton Grove, NC 28366
      View Details
    • $137,500
      8.07 Acres

      8-Acre Land Parcel in Dunn, NC

      8-acre land parcel ideal for a mini-farm or dream home.
      1 Tart Town Rd, Dunn, NC 28334
      View Details
    • $137,500
      8.07 Acres

      8 Acres Land in Dunn, NC

      8-acre parcel suitable for a dream home or mini-farm.
      Tract 1 Tart Town Rd, Dunn, NC 28334
      View Details
    • $99,900
      26.60 Acres

      26.6 Acres in Faison, NC

      Landlocked 26.6-acre property with long-term investment potential.
      E Darden Rd, Faison, NC 28341
      View Details
    • $229,000
      2.60 Acres

      Prime Dunn, NC Commercial Lot

      2.6 Acres, Ready to Build
      3 4 Oaks Ln, Dunn, NC 28334
      View Details

    FAQs

    What type of property is this?
    Land - 5.32 acres, ideal retail/restaurant location.
    Where is this land located?
    The property is located at Auto Way Dr Newton Grove, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 5.32-acre tract at I-40 and NC 55/NC 50 intersection.; 1.16-acre parcel.; 4.16-acre parcel.
    (919) 576-2501
    Request Owner's contact information
    Auto Way Dr Newton Grove, NC 28366
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Auto Way Dr
    Newton Grove, NC 28366
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Auto Way Dr Newton Grove, NC 28366
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.