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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Retail space
2636 Nwnw Blvd Newton, NC 28658-3729
Individually Owned
18-yr Hold
Free & Clear
Property ID
US53-5661418
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
FRAME
Total area
9,618 SF
Lot
1.28 ac (55,757 SF)
Zoning code
B-4
APN
3731-16-83-9762
UPID
US53-5661418
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.31M
Owner & transaction history
Victor S Oses · 18 yrs held
Victor S Oses
since 2007
3 recorded transactions
Zoning & alternative use
B-4 · Newton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+122.8%
Medical building
$1.8M
+96.6%
Apartment house (5+ units)
$1.1M
+21.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
RETAIL STORES
$930,000
Current use
RESTAURANT
$2,070,000
Change: +123% · Conversion: Easy
MEDICAL BUILDING
$1,825,000
Change: +97% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,125,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$980,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$875,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,075
Tax year 2023
Assessed value
$716,000
Assessed 2023
Previous assessed
$716,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$168,100
Assessed improvement
$547,900
Land market value
$168,100
Improvement market value
$547,900
Total market value
$716,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
HOT WATER
Cooling
CENTRAL
Units
1
Total area
9,618 SF
Lot
1.28 ac (55,757 SF)
Zoning code
B-4
APN
3731-16-83-9762
UPID
US53-5661418
Jurisdiction
CATAWBA
Zoning & alternative use
B-4 · Newton, NC
Zoning B-4 · permitted uses
B-4 · Newton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$930,000
RESTAURANT
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$980,000
OFFICE BUILDING
Est. value
$875,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Units
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Victor S Oses
Individual
Free & Clear · 18 yrs held
Mailing address
2636 NWNW BLVD, NEWTON, NC 28658-3729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2019
—
Souphone Thavichith Oses
—
Deed
related
$350,000 · Peoples Bank
Sep 25, 2007
—
Victor S Oses
Oses,souphone T
Quit Claim Deed
related
—
Sep 19, 2007
—
Souphone Thavichith Oses
Oses,souphone Thavichith
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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