Property profile

0 Carolina 10 Hwy Newton, NC 28658

OFF-MARKET
Land
36 ac lot
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Property summary

AI-generated overview

This exceptional 36.4-acre industrial land parcel in Newton, North Carolina, presents a unique investment opportunity. Strategically located on Highway 10, with over 930 feet of road frontage, this property boasts unparalleled access to major transportation arteries, including US Highway 321 and Interstate 40 (within 4 miles). The site benefits from readily available city utilities, including water, sewer, electricity, and natural gas, ensuring seamless development. Zoned 321-ED(I), the property is ideally suited for industrial, warehousing, and distribution uses, with permitted accessory office space. Its prime location is further enhanced by its proximity to established distribution centers for Crate & Barrel, Target, and Room & Board, as well as a future Microsoft build site. A Love's Truck Stop is conveniently located just one block away. This offering comprises two parcels (APN: 361903428215 + 361903425668) sold as fee simple ownership. The asking price is $1,999,900. This presents a rare chance to acquire a highly desirable industrial site in a thriving location. The property's size, zoning, and strategic location make it an ideal candidate for a large-scale distribution center or similar industrial development. The convenient access to major highways and established businesses in the area ensures strong potential for future growth and profitability. This is a truly exceptional opportunity for investors seeking a prime industrial land asset in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 36 ac (1,568,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Carolina 10 Hwy Newton, NC 28658
Newton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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