Property profile

1514 Nc 10th Hwy Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-1163508
6,444 SF 0.56 ac lot Built 1967
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity encompasses two adjoining properties totaling 9,694 square feet situated on a 0.86-acre lot at 1514 & 1522 W NC Highway 10 in Newton, NC. Benefitting from over 400 feet of road frontage on a highway with a North Carolina Department of Transportation-reported average daily traffic count exceeding 10,000 vehicles, this location offers unparalleled visibility and accessibility. The first building, a 6,444 square foot auto dealership, features a showroom, office space, three bathrooms, two bays with front-facing garage doors, and substantial storage. The second building, a 3,250 square foot five-bay auto shop, includes four oversized garage doors, five auto lifts, an office, a waiting area, and two additional storage areas. Plumbing is in place for two bathrooms in this building. Ample shared parking is available for both properties. This combined property presents a rare opportunity to acquire established commercial space in a high-traffic location with significant potential for growth and expansion. The existing infrastructure and layout are well-suited for continued automotive-related businesses, but the versatile space could also accommodate a variety of other commercial uses. This is a turnkey opportunity for an entrepreneur seeking a well-positioned and established business.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Construction WOOD
Total area 6,444 SF
Lot 0.56 ac (24,394 SF)
Zoning code B-4
APN 3639-06-49-6767
UPID US53-1163508

Cap rate & NOI

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

Location

1514 Nc 10th Hwy Newton, NC 28658-8608
Newton metro Census 11701 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$250,000
3 recorded transactions
2025
$250,000
2015
$160,000
2005
Price N/A

Zoning & alternative use

B-4 · Newton, NC
Zoning description

The B-4 districts are intended to provide for a mixture of retail, service, transportation, storage and related activities which do not require a central location.

General category COMMERCIAL

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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