Property profile

1904 Main Ave Newton, NC 28658

OFF-MARKET
Turn key restaurants
Property ID
US53-0528625
1,753 SF 0.47 ac lot Built 1966
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Construction WOOD
Total area 1,753 SF
Lot 0.47 ac (20,473 SF)
Zoning code B-4
APN 3741-17-10-1353
UPID US53-0528625

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1904 Main Ave Newton, NC 28658-2924
Newton metro Census 11200 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2016
1 recorded transaction
2016
$55,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1904 Main Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message