Property profile

2385 Us 321st Hwy Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-1332293
2,800 SF 2.98 ac lot Built 1965
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction WOOD FRAME
Total area 2,800 SF
Lot 2.98 ac (129,809 SF)
Zoning code R-20A
APN 3638-08-99-7326
UPID US53-1332293

Cap rate & NOI

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

Location

2385 Us 321st Hwy Newton, NC 28658-8393
Newton metro Census 11702 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$40k

Owner & transaction history

since 2024
Last sale
$43,000
1 recorded transaction
2024
$43,000

Zoning & alternative use

R-20A · Newton, NC
Zoning description

The R-20A districts are established to accommodate low to moderate intensity residential uses, including single-family, two-family, multifamily, and mobile home dwelling types under conventional or planned development co…

General category PLANNED_DEVELOPMENT

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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