Property profile

1111 Burris Rd Newton, NC 28658

OFF-MARKET
Manufacturing properties
Property ID
US53-0923869
270,125 SF 19.98 ac lot Built 1960
Entity Owned Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Total area 270,125 SF
Lot 19.98 ac (870,329 SF)
Zoning code EM-1
APN 3741-18-40-7334
UPID US53-0923869

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1111 Burris Rd Newton, NC 28658
Newton metro Census 11300 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.20M

Owner & transaction history

Zoning & alternative use

EM-1 · Newton, NC
Zoning description

The intent of the EM-1 district is to reserve land for manufacturing uses while preventing incompatible or inherently objectionable activities that create noise, odors, smoke, light, dust, or involve dangerous materials.

General category INDUSTRIAL

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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