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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Office buildings
1694 Fisher Ct Newton, NC 28658-7821
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US53-0248841
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
13,532 SF
Lot
13.14 ac (572,378 SF)
Zoning code
EM-1
APN
3649-11-56-3133
UPID
US53-0248841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.39M
Owner & transaction history
Carolina Pelleting And Extrusion In · 9 yrs held
Carolina Pelleting And Extrusion In
since 2017
1 recorded transaction
Zoning & alternative use
EM-1 · Newton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the EM-1 district is to reserve land for manufacturing uses while preventing incompatible or inherently objectionable activities that create noise, odors, smoke, light, dust, or involve dangerous materials.
Zone name
Exclusive Manufacturing
General category
INDUSTRIAL
Zone area
909.40 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$1.6M
+28.5%
Auto repair, garage
$1.4M
+11.8%
Retail stores
$1.3M
+6.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,235,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,380,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,305,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,408
Tax year 2023
Assessed value
$990,900
Assessed 2023
Previous assessed
$990,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$324,300
Assessed improvement
$666,600
Land market value
$324,300
Improvement market value
$666,600
Total market value
$990,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
13,532 SF
Lot
13.14 ac (572,378 SF)
Zoning code
EM-1
APN
3649-11-56-3133
UPID
US53-0248841
Jurisdiction
CATAWBA
Zoning & alternative use
EM-1 · Newton, NCZoning EM-1 · permitted uses
EM-1 · Newton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the EM-1 district is to reserve land for manufacturing uses while preventing incompatible or inherently objectionable activities that create noise, odors, smoke, light, dust, or involve dangerous materials.
Zone name
Exclusive Manufacturing
General category
INDUSTRIAL
Zone area
909.40 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
13.14 ac
Current owner
From public records · entity-resolved
Carolina Pelleting And Extrusion In
Individual
Mailing address
PO BOX 146, NEWTON, NC 28658-0146
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2017
—
Carolina Pelleting And Extrusion In
—
Deed
related
$304,000 · Peoples Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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