2124 Northwest Blvd, Newton, NC 28658
This exceptional .81-acre commercial lot, located in Newton, North Carolina's bustling Business District B-4, presents a unique investment opportunity. Situated on Northwest Boulevard (321), this property enjoys 150 feet of frontage and an average depth of 236 feet, providing ample space for development. The high-traffic, four-lane highway location ensures excellent visibility and accessibility, ideal for a variety of retail or commercial ventures. The property is conveniently located near established businesses such as O'Reilly Auto Parts, AutoZone, and Pizza Hut, further enhancing its appeal and potential for success. City water and sewer services are readily available. While a 1340 square foot home, per county records, is situated on the lot, it has a minor structural issue on the front foundation wall and is being sold as-is, with the land value being the primary focus of the sale. This property is offered fee simple and represents a chance to capitalize on a strategic location in a thriving commercial area. The asking price is $208,900, with a land value of $5.90 per square foot. Don't miss this chance to establish your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.