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Property profile & analytics

232 Newsome Rd King, NC 27021-8507

  • Investment properties
  • 6,000 SF
  • 1.09 lot acres
OFF-MARKET
Last Sale
Jan 02, 2025
$750,000
Value Estimations
$630,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-3476857
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Triumph LLC / Community Health Centre / Counselor
  • The Dogwood Event Center / Event Venue
  • Jonathan Adams / Counselor
  • Samantha Hayes / Counselor

Property Details for 232 Newsome Rd

Year built
1984
Lot size
1.09 lot acres
Property size
6,000 SF
Zone code
L-I
Property type
Investment properties
Property subtype
Retail residential properties
APN
599107578526
APU
599107578526

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $447,000
    Market price range: $447k - $984k
    AI Estimate
    $509,000
    Market price range: $509k - $1.29M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
King
County
Stokes
State
North Carolina
Longitude
-80.3709
Latitude
36.2634
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,574
$64,100
$154,000
$218,100
-
$64,100
$154,000
$218,100
More about this property
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