Property profile

0 Auto Way Dr Newton Grove, NC 28366

OFF-MARKET
Land
5.32 ac lot
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Property summary

AI-generated overview

This exceptional 5.32-acre commercial land parcel presents a remarkable investment opportunity in Newton Grove, North Carolina. Strategically located at the intersection of I-40 and NC 55/NC 50 Highway, this property boasts exceptional visibility and accessibility, with over 20,000 vehicles traversing I-40 daily. The site comprises two lots: a 1.16-acre lot and a larger 4.16-acre lot, offering flexibility for various development scenarios. Ideal uses include convenience stores, sit-down restaurants, or other retail establishments

Property profile

Verified
Property type Land
Lot 5.32 ac (231,739 SF)

Cap rate & NOI

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

Location

Auto Way Dr Newton Grove, NC 28366
Newton Grove 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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