Technical
Financial
Distress signals
Property profile

115 2nd St Newton, NC 28658

OFF-MARKET
Parking lots & garages
Property ID
US53-1212557
0.15 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.15 ac (6,534 SF)
Zoning code B-3
APN 3740-13-03-5858
UPID US53-1212557

Cap rate & NOI

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

Location

115 2nd St Newton, NC 28658
Newton metro Census 11200 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
$80k

Owner & transaction history

since 2025
Last sale
$80,000
2 recorded transactions
2025
$80,000
2017
$15,000

Zoning & alternative use

B-3 · Newton, NC
Zoning description

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.

General category CIVIC_INSTITUTIONAL

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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