Property profile

3616 Mitchell Ave 1-6 Newland, NC 28657

OFF-MARKET
Office buildings
Property ID
US53-3720992
7,808 SF 3.2 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction ADOBE
Total area 7,808 SF
Lot 3.2 ac (139,392 SF)
APN 18451286207200000
UPID US53-3720992

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
  • Alternative Medicine Practice
  • Home Health Care Service

Location

3616 Mitchell Ave, Unit 1-6 Newland, NC 28657-7855
Newland metro Census 930200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$325k

Owner & transaction history

since 2020
4 recorded transactions
2020
$1.4M
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +43.4%

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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