Property profile

1148 College Ave Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-5554023
3,816 SF 0.61 ac lot Built 1983
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1983
Construction WOOD
Total area 3,816 SF
Lot 0.61 ac (26,572 SF)
Zoning code M-1
APN 3740-05-07-8943
UPID US53-5554023

Cap rate & NOI

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

Location

1148 College Ave Newton, NC 28658-2245
Newton metro Census 11300 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2011
3 recorded transactions
2026
Price N/A
2011
Price N/A
2005
$70,000

Zoning & alternative use

M-1 · Newton, NC
Zoning description

The M-1 districts provide a place for the location of manufacturing and other uses which would be incompatible with general business areas. It is intended to permit in these districts any use which is inherently obnoxiou…

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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