Realmo Analytics

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Property profile

21 E East St Newton, NC 28658

FOR SALE
Commercial real estate
Property ID
US53-0986641
5,346 SF 0.06 ac lot Built 1907
Last sale Oct 2022 · $240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,325 square foot single-tenant office suite is ideally situated in the heart of Downtown Newton, North Carolina, at 21 E A St, zip code 28658. The property is classified as both Traditional and Creative Office space, making it suitable for a variety of professional uses. Its ground-level location offers excellent visibility and accessibility. The interior boasts multiple private offices, providing ample space for individual work or team collaboration. A convenient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$77k
Assessed land$16k
Assessed improvement$62k
Effective rate2.19%

Value estimate

· Nov 2026
$195k
$176k – $215k
AI approach$195k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$9k
Operating expenses−$10k
NOI · 1,707.29% cap applied$31k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$24 – $71
Qualifying comparables14

Cap rate analysis

How does the asset earn?
1,707.29%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
The intent of the B-3 district is to support the central business district as a hub for commercial, financial, professional, governmental...
General categoryCIVIC_INSTITUTIONAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Building Supply18.6
Dental Office16.0

Location

21 E East St Newton, NC 28658
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
208 College, Newton, NC 28658-3238 $315,000 Jul 2025 5,400 SF
28 1st, Newton, NC 28658-3200 $150,000 Jun 2022 6,036 SF
31 College, Newton, NC 28658-3235 $600,000 Dec 2021 5,828 SF
103 College Ave, Newton, NC 28658-3236 $325,000 Mar 2021 5,220 SF
11 A, Newton, NC 28658-3301 $80,000 Dec 2020 5,460 SF
22 1st, Newton, NC 28658-3200 $139,000 Dec 2020 5,320 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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