Property profile

2982 Us 321st Hwy Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-2044409
4,600 SF 2.63 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2007
Construction STEEL FRAME
Total area 4,600 SF
Lot 2.63 ac (114,563 SF)
Zoning code M-1
APN 3648-13-13-4192
UPID US53-2044409

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tech Support Center (Bike/Boat/Book/etc) Store

Location

2982 Us 321st Hwy Newton, NC 28658-8154
Newton metro Census 11601 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2021
Last sale
$400,000
6 recorded transactions
2021
$400,000
2014
Price N/A
2013
$349,000
2011
Price N/A
2006
$118,000
2005
$97,000

Zoning & alternative use

M-1 · Newton, NC
Zoning description

The M-1 districts provide a place for the location of manufacturing and other uses which would be incompatible with general business areas. It is intended to permit in these districts any use which is inherently obnoxiou…

General category INDUSTRIAL

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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