1246 Hwy 70 Newton, NC 28658
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.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.