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Individually Owned Property summary
This unique commercial property located at 106 E B Street in downtown Newton, NC, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building offers a blend of commercial and residential space. The main floor currently houses a tattoo business in the front and storage in the rear, but its adaptability allows for a wide range of business uses. Key features on this level include a kitchen, three bathrooms, a break room, several additional smaller rooms, and a… workshop. The second floor is a spacious loft apartment with an open layout, a bedroom, and two bathrooms. This area could easily be converted back to commercial use if desired. A remarkable feature is a hydraulic winch located on the second floor, providing convenient access to the exterior alley for moving heavy equipment or furniture, eliminating the need for stairs. The building is heated by two 5-ton gas units (main floor unit requires repair) and features air conditioning on the main floor. The aluminum awning is in good condition, needing only minor cosmetic updates. Significant electrical and plumbing upgrades were completed between 2008 and 2010, according to the seller. This large building offers substantial potential for a savvy investor looking to capitalize on the growth of Newton's downtown area. The asking price is $479,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,000 SF
- Lot area
- 0.07 ac
- Year built
- 1946
- Stories
- 2
- APN
- 3740-13-03-1198
- Zoning
- B-3
- Assessed value · 2023
- $292,900
- Annual tax · 2023
- $2,485
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of the B-3 district is to support the central business district as a hub for commercial, financial, professional, governmental, and cultural activities through appropriate development regulations.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Loan from 20067.7% rateColumbia State Bank
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Loan from 2009Columbia State Bank
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Off Market
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Off Market
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Loan from 2008Bmo Capital Markets Corp
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Leads for service soon
Still being built. It lands here next, beside the two above.
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