1514 Nc 10th Hwy, Newton, NC 28658-8608
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Newton, NCNewton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.