Property profile

2421 Nc 10th Hwy Newton, NC 28658

OFF-MARKET
Investment properties
Property ID
US53-0841091
4,376 SF 2.85 ac lot Built 1974
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1974
Construction WOOD
Total area 4,376 SF
Lot 2.85 ac (124,146 SF)
Zoning code B-2
APN 3629-11-67-2327
UPID US53-0841091

Cap rate & NOI

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

Location

2421 Nc 10th Hwy Newton, NC 28658-8934
Newton metro Census 11702 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2023
Last sale
$475,000
7 recorded transactions
2025
Price N/A
2023
$475,000
2022
$445,000
2016
Price N/A
2010
$210,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Newton, NC
Zoning description

The intent of the B-2 district is to allow the sale of convenience and shoppers goods and services to both local and transient motorists, with locations restricted to sites directly accessed from arterial or collector ro…

General category COMMERCIAL

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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