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Property profile & analytics
FOR SALE
Retail space
53 E 13Th St Newton, NC 28658
Entity Owned
Free & Clear
Property ID
US53-0257813
For Sale
1 / 29
$1,075,000
53 E 13Th St, Newton, NC 28658
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
2,968 SF
Lot
0.47 ac (20,473 SF)
Zoning code
M-1
APN
3740-05-08-6038
UPID
US53-0257813
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Antioch Building Group LLC
Antioch Building Group LLC
since 2025
7 recorded transactions
Zoning & alternative use
M-1 · Newton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 obnoxious to urban areas because of noise, odors, smoke, light, dust or the use of dangerous material.
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
810.56 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$738
Tax year 2023
Assessed value
$87,000
Assessed 2023
Previous assessed
$87,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$26,600
Assessed improvement
$60,400
Land market value
$26,600
Improvement market value
$60,400
Total market value
$87,000
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
For Sale
Year built
1900
Construction
FRAME
Heating
NONE
Cooling
NONE
Units
1
Total area
2,968 SF
Lot
0.47 ac (20,473 SF)
Zoning code
M-1
APN
3740-05-08-6038
UPID
US53-0257813
Jurisdiction
CATAWBA
Zoning & alternative use
M-1 · Newton, NCZoning M-1 · permitted uses
M-1 · Newton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 obnoxious to urban areas because of noise, odors, smoke, light, dust or the use of dangerous material.
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
810.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
NONE
Cooling
Yes
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Antioch Building Group LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2425 N CTR ST #239, HICKORY, NC 28601-1320
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Antioch Building Group LLC
—
Deed
related
$736,582 · Construction Loan Services LLC
Nov 10, 2025
$40,000
Antioch Building Group LLC
Hedley Homes INC
Warranty Deed
—
Sep 8, 2025
—
Hedley Homes INC
Hedley Homes INC
Deed
related
—
Jul 25, 2025
—
Hedley Homes INC
Crowders Escape LLC
Warranty Deed
—
Jul 15, 2025
$90,000
Crowders Escape LLC
Suncrest Investments INC
Warranty Deed
—
Jan 6, 2015
$38,000
Suncrest Investments INC
Mace,ted S & Janet E
Warranty Deed
$40,000 · Benjamin W & Debra W Huss
Dec 6, 2011
$42,500
Ted S Mace
Price Wade R Trust
Warranty Deed
—
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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