Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    321 Goldsboro St Newton Grove, NC 28366-7705
    Back to Search
    Property profile & analytics

    321 Goldsboro St Newton Grove, NC 28366-7705

    View on Map
    • Flex space
    • 3.00 lot acres
    Off-Market
    Last Sale Jul 14, 2025
    $890,000
    Property ID
    US53-4969380
    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.
    Value Estimations
    $890,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Carnüs / Specialty Food Shop / Candy Store

    Property Details for 321 Goldsboro St

    Lot size
    3.00 lot acres
    Property type
    Flex space
    APN
    11043324501
    APU
    11043324501

    Description

    This exceptional industrial property, located at 321 Goldsboro St, Newton Grove, NC 28366, presents a significant investment opportunity. The single-tenant warehouse boasts a substantial 24,000 square feet of space, ideally suited for distribution or warehousing operations. Situated on a generous 2.94-acre lot, the property offers ample room for expansion or future development. Built in 1975 and renovated in 2010, the building is in good condition and features one dock-high door and one grade-level door, ensuring efficient loading and unloading. The property benefits from robust 1,200 amp, 3-phase electrical service, capable of supporting a wide range of industrial activities. The Sampson County location provides easy access to major transportation routes, making it an attractive location for businesses needing efficient logistics. The property is zoned for industrial use (APN: 1594353629), ensuring flexibility for various industrial applications. This well-maintained warehouse offers a blend of functionality and location, making it an ideal choice for businesses seeking a strategic foothold in the North Carolina market. The property's size and features make it suitable for a variety of industrial uses, offering a strong return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton Grove
    County
    Sampson
    State
    North Carolina
    Longitude
    -78.3522
    Latitude
    35.2479

    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
    $5,828
    $94,875
    $473,731
    $568,606
    -
    $94,875
    $473,731
    $568,606

    Comparable in this City

    • Value Estimation
      $570,000
      7.47 Acres

      Weeksdale St

      LIGHT INDUSTRIAL • 7.47 Acres
      Weeksdale St, Newton Grove, NC 28366
      View Details
    • Value Estimation by Request
      0.83 Acres

      Easy St

      LABOR CAMPS (INDUSTRIAL) • 0.83 Acres
      Easy St, Newton Grove, NC 28366
      View Details
    • Value Estimation by Request
      22.50 Acres

      2nd 0 4th Sr

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 22.50 Acres
      2nd 0 4th Sr, Newton Grove, NC 28366
      View Details
    • Value Estimation by Request
      61.72 Acres

      320 Angus Ave

      LABOR CAMPS (INDUSTRIAL) • 61.72 Acres
      320 Angus Ave, Newton Grove, NC 28366-0108
      View Details
    • Value Estimation by Request
      2,400 SF

      3550 Shaws Pond Rd

      WAREHOUSE, STORAGE • 2,400 SF
      3550 Shaws Pond Rd, Newton Grove, NC 28366
      View Details
    • Value Estimation by Request
      3.23 Acres

      1581 Harnett Dunn Hwy

      MINI-WAREHOUSE, STORAGE • 3.23 Acres
      1581 Harnett Dunn Hwy, Newton Grove, NC 28366-7226
      View Details

    Similar Nearby for Sale

    • $425,000

      Repositioned Car Wash Opportunity

      Modernized car wash in Newton Grove, NC for sale.
      300 Main St, Newton Grove, NC 28366
      View Details
    • $682,000
      20.51 Acres

      20.51 Acres in Newton Grove

      Residential and agricultural land in a prime Newton Grove location.
      10455 Us Highway 701, Newton Grove, NC 28366
      View Details
    • Contact for pricing

      Land For Sale Newton Grove

      Land available at I-40 and NC 55 Hwy.
      Auto Way Dr, Newton Grove, NC 28366
      View Details
    • $125,000
      3.17 Acres

      Cleared Land in Newton Grove

      3+ acre lot with potential for home or small farm.
      Mill Creek Church Rd, Newton Grove, NC 28366
      View Details
    • $700,000

      Land For Sale Newton Grove

      Land for sale at I-40 and NC 55 Hwy.
      Newton, Newton Grove, NC 28366
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 Goldsboro St
    Newton Grove, NC 28366-7705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    321 Goldsboro St, Newton Grove, NC, 28366
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!