Property profile

1907 Newton Dr Statesville, NC 28677

OFF-MARKET
Specialty properties
Property ID
US53-4786519
7,322 SF 1.14 ac lot Built 1978
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,322 SF
Lot 1.14 ac (49,789 SF)
Zoning code B-5
APN 4734-05-7158.000
UPID US53-4786519

Cap rate & NOI

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

Location

1907 Newton Dr Statesville, NC 28677-4843
Statesville metro Census 60400 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

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

Owner & transaction history

since 2018
5 recorded transactions
2018
$220,000
2016
$392,000
2016
Price N/A
2015
Price N/A
2011
Price N/A

Zoning & alternative use

B-5 · Statesville, NC
Zoning description

districts B-4 and B-5 shall be located on the same lot as the principal structure. In B-4, B-5, LI and HI districts outdoor storage is permitted in the side and rear yards provided that the area devoted to outdoor storag…

General category INDUSTRIAL

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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