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    Property profile & analytics
    OFF-MARKET Estimated value $630,000
    Investment properties

    232 Newsome Rd, King, NC 27021-8507

    6,000 SF 1.09 ac lot Built 1984
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-3476857
    Property summary
    AI-generated overview

    This exceptional 6,000-square-foot single-tenant property, located at 232 Newsome Road in King, North Carolina, presents a unique investment opportunity. Situated on a 1.09-acre lot, this versatile space boasts a diverse range of potential uses, including traditional office, medical office, manufacturing, flex space, warehouse, creative office, and distribution. Built in 1984 and renovated in 1994, the building features a single story with a 12-foot ceiling height. The property includes one loading dock with one dock-high door, providing convenient access for loading and unloading. Ample parking is available, with a total of 30 spaces, accommodating both front and rear building access. The property benefits from a convenient location just off I-74/Hwy 52, King, NC Exit 123, offering easy access to major transportation routes. The interior layout includes several existing offices and a large 2,000-square-foot open area, adaptable to various needs. The property is zoned LI (Light Industrial) and has an APN of 5991578526. Three-phase power is available. This property is currently vacant and ready for immediate occupancy. The property's location in the Rural Hall submarket cluster of Winston Salem offers a blend of accessibility and a desirable business environment.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1984
    Total area 6,000 SF
    Lot 1.09 ac (47,480 SF)
    Zoning code L-I
    APN 599107578526
    UPID US53-3476857
    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
    Current use
    Occupant on record · Public records
    • Triumph LLC Community Health Centre Counselor
    • The Dogwood Event Center Hotel & Motel Resort
    • Jonathan Adams Counselor
    • Samantha Hayes Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $447k
    Blend (final) Blend
    $630k
    Owner & transaction history
    Bs Equity LLC · 1 yrs held
    Bs Equity LLC
    since 2025
    Last sale
    $750,000
    2 recorded transactions
    2025
    $750,000
    2008
    Zoning & alternative use
    L-I · King, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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