Financial
Distress signals
Property profile

12 1st St Newton, NC 28658

OFF-MARKET
Commercial real estate
Property ID
US53-1569546
6,480 SF 0.06 ac lot Built 1898
Last sale Feb 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional property, situated at 12 E 1st Street in the heart of Newton, NC, presents a rare opportunity to acquire a piece of local history. Located directly on the town square, this 0.06-acre lot offers unparalleled visibility and accessibility. The building itself boasts substantial square footage, ideal for a variety of commercial ventures or adaptive reuse projects. Imagine the possibilities – a thriving restaurant, a unique retail space, or perhaps a boutique hotel capitalizing

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$259k
Assessed land$14k
Assessed improvement$245k
Effective rate0.85%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$24 – $71
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The intent of the B-3 district is to support the central business district as a hub for commercial, financial, professional, governmental...
General categoryCIVIC_INSTITUTIONAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Building Supply17.7
Dental Office16.0

Location

12 1st St Newton, NC 28658-3200
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
208 College, Newton, NC 28658-3238 $315,000 Jul 2025 5,400 SF
117 College, Newton, NC 28658-3236 $549,000 Jun 2025 6,092 SF
28 1st, Newton, NC 28658-3200 $150,000 Jun 2022 6,036 SF
29 College, Newton, NC 28658-3235 $600,000 Dec 2021 6,937 SF
31 College, Newton, NC 28658-3235 $600,000 Dec 2021 5,828 SF
11 A, Newton, NC 28658-3301 $80,000 Dec 2020 5,460 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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