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Property profile & analytics
OFF-MARKET
Lifestyle centers

1246 Hwy 70 Newton, NC 28658

23,360 SF 1.89 ac lot Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 23,360 square foot single-tenant medical office building, situated on a 1.89-acre lot in Newton, North Carolina, presents a compelling investment opportunity. Located at the highly visible corner of US Highway 70 SW and 13th Street SW, this Class B property boasts 5,200 square feet of vacant space, ideal for a variety of uses. Built in 1974 and renovated in 2014, the building features a 12-foot ceiling height and three-phase 210 power. The property is zoned C-2, offering flexibility for retail, auto, or medical tenants. With its prominent location and high traffic count, this property offers excellent visibility and accessibility. The property includes a pylon sign and is available below market rates. The APN is 2792128684690000 and the Catawba County tax rate is $0.86 per square foot. The building has no elevators. Consider subdividing this in-line space to suit your needs. This is a single-story building. This property is a prime location for businesses seeking high visibility and convenient access in a thriving area.

Property profile
Verified
Property type Lifestyle centers
Year built 1974
Total area 23,360 SF
Lot 1.89 ac (82,328 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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