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    207 2Nd St Newton, NC 28658

    Sponsored
    For Lease
    $24,000

    Versatile industrial/commercial space in downtown Newton, NC.

    Lot size:
    732 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 207 E 2nd St in Newton, North Carolina, presents a unique leasing opportunity for businesses seeking a strategic location in Catawba County. The property encompasses a 732 square foot building situated on a 0.58-acre lot, offering ample space for a variety of uses. Zoned M1 Industrial, this versatile space is ideal for businesses such as nurseries and greenhouses, produce and farmers markets, pottery and yard monument sales, lumberyards, wholesale and distribution centers, farm and heavy equipment sales and rentals, farm supply stores, large parking facilities, car washes, contractors' offices and workspaces, landscaping services, and motor vehicle repair shops. The single-tenant building provides a convenient and efficient layout, perfect for establishing or expanding a business. Its prime downtown Newton location ensures high visibility and accessibility, making it an attractive option for businesses seeking a thriving commercial environment. The property's size and zoning make it a highly adaptable space, catering to a wide range of commercial and industrial needs. This is a rare opportunity to secure a well-positioned property in a bustling area, offering significant potential for growth and success. The property's zip code is 28658.

    Property Features for 207 2Nd St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    732 SF
    Total Rate
    24000

    Unit(s) available at that property

    Space
    Size
    25,265 SF
    Rate per SF
    $24,000

    HighLights

    • Prime M1‑zoned commercial land and building for lease in downtown Newton.
    • Suitable for diverse industrial and commercial uses, including nurseries, farmers markets, and equipment sales/rentals.
    • Excellent location in a bustling industrial area.
    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
    -81.2196973
    Latitude
    35.6636763

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    FAQs

    What type of property is this?
    Land - Versatile industrial/commercial space in downtown Newton, NC.
    Where is this land located?
    The property is located at 207 2Nd St Newton, NC.
    What is the lease rate?
    The lease rate is $24,000.
    What are key features of this property?
    This property features: Prime M1-zoned commercial land and building for lease in downtown Newton.; Suitable for diverse industrial and commercial uses, including nurseries, farmers markets, and equipment sales/rentals.; Excellent location in a bustling industrial area.
    Request Owner's contact information
    207 2Nd 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
    207 2Nd St Newton, NC 28658
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