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Property profile & analytics
OFF-MARKET
Estimated value
$3,140,000
Office buildings
725 Shea Rd Newton, NC 28658-8018
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0258819
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
111,800 SF
Lot
5.93 ac (258,311 SF)
Zoning code
EM-1
APN
3649-09-25-2847
UPID
US53-0258819
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
$3.58M
Blend (final)
Blend
$3.14M
Owner & transaction history
Nandina Properties I LLC · 18 yrs held
Nandina Properties I LLC
since 2008
4 recorded transactions
Zoning & alternative use
EM-1 · Newton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the EM-1 district is to reserve land for manufacturing uses while preventing incompatible or inherently objectionable activities that create noise, odors, smoke, light, dust, or involve dangerous materials.
Zone name
Exclusive Manufacturing
General category
INDUSTRIAL
Zone area
909.40 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±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
$28 / 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
$30,401
Tax year 2023
Assessed value
$3,582,900
Assessed 2023
Previous assessed
$3,582,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$190,800
Assessed improvement
$3,392,100
Land market value
$190,800
Improvement market value
$3,392,100
Total market value
$3,582,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
111,800 SF
Lot
5.93 ac (258,311 SF)
Zoning code
EM-1
APN
3649-09-25-2847
UPID
US53-0258819
Jurisdiction
CATAWBA
Zoning & alternative use
EM-1 · Newton, NCZoning EM-1 · permitted uses
EM-1 · Newton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the EM-1 district is to reserve land for manufacturing uses while preventing incompatible or inherently objectionable activities that create noise, odors, smoke, light, dust, or involve dangerous materials.
Zone name
Exclusive Manufacturing
General category
INDUSTRIAL
Zone area
909.40 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
5.93 ac
Current owner
From public records · entity-resolved
Nandina Properties I LLC
Entity
Mailing address
1911 CLAYTON STB, STATESVILLE, NC 28677-3144
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2019
—
Nandina Properties I LLC
—
Deed
related
$988,147 · Wells Fargo Bk
Jan 15, 2008
$1,725,000
Nandina Properties I LLC
Hickory Springs Mfg
Deed Of Trust
related
$1,521,000 · Wachovia Bank NA
Jan 7, 2008
$1,725,000
Nandina Properties LLC
Hickory,springs Manufactur
Grant Deed
—
—
—
Nandina Properties I LLC
—
Loan Modification
related
$988,147 · Wells Fargo Bk
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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