Technical
Financial
Distress signals
Property profile

2045 Industrial Dr Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-1555213
40,006 SF 4.06 ac lot Built 1980
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 40,006 SF
Lot 4.06 ac (176,854 SF)
Zoning code M-1
APN 3731-13-12-9832
UPID US53-1555213

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
  • Metal Fabrication Plant Factory

Location

2045 Industrial Dr Newton, NC 28658-7703
Newton metro Census 11701 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
$819k
Blend (final) Blend
$625k

Owner & transaction history

since 2014
2 recorded transactions
2014
$670,100
2006
Price N/A

Zoning & alternative use

M-1 · Newton, NC
Zoning description

The M-1 districts provide a place for the location of manufacturing and other uses which would be incompatible with general business areas. It is intended to permit in these districts any use which is inherently obnoxiou…

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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