Property profile

0 Newton Industrial Park Dr Newton, NC 28658

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 68-acre property in Newton, NC (28658), offers significant potential for industrial development. Located at 0 Newton Industrial Pk Dr, this site is zoned for a variety of industrial uses, including heavy manufacturing, warehousing, and logistics. The property consists of six individual lots, allowing for flexible purchase options – acquire the entire parcel or select individual lots to suit specific needs. Conveniently situated near a Duke Energy utility easement and with sewer line access nearby, the site boasts essential infrastructure for efficient operations. Excellent connectivity is ensured by easy access to arterial and collector streets. The City of Newton's Planning Department actively supports development, ensuring a streamlined process. This opportunity is further enhanced by Catawba County's strong economic standing, consistently ranking high nationally for low business costs and a robust manufacturing sector. The area's diverse economy, including machining, plastics, and fiber optics, presents a compelling investment opportunity. The property's location also benefits from the county's proactive approach to attracting data centers, further solidifying its position as a prime industrial location. The APNs for the six lots are: 374114330190, 374114330999, 374114249141, 374114248211, 374113230774, and 374113230695. The property is owned by a single entity. Potential investment opportunities include build-to-suit flex spaces, industrial outdoor storage, and truck parking.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

Newton Industrial Park Dr 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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