Property profile

749 Ac Little Dr Newton, NC 28658

OFF-MARKET
Warehouses
Property ID
US53-0965547
36,738 SF 5.67 ac lot Built 1956
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 35,586-square-foot industrial warehouse in Newton, North Carolina, presents a compelling sale-leaseback opportunity. Situated on a 5.67-acre lot, the property boasts 33,389 square feet of warehouse space and 1,200 square feet of office space. The warehouse features 14-foot clear ceilings, 20' x 35' column spacing, eight dock-high doors, and two drive-in doors, ensuring efficient operations. The building is 100% boiler heated. The property is zoned B-4 (Industrial Use) and has a parcel number of 373116729969. A five-year leaseback agreement with the current occupant, Techniweld USA, is available upon sale, providing immediate and long-term income potential. This property is ideal for investors seeking a stable, income-generating asset in a prime industrial location. The asking price is $2,033,485. This is a rare opportunity to acquire a well-maintained, functional warehouse with a strong tenant in place. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1956
Construction FRAME
Total area 36,738 SF
Lot 5.67 ac (246,985 SF)
Zoning code B-4
APN 3731-16-72-9969
UPID US53-0965547

Cap rate & NOI

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

Location

749 Ac Little Dr Newton, NC 28658-3769
Newton metro Census 11200 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$725k
Blend (final) Blend
$345k

Owner & transaction history

since 2026
Last sale
$430,000
3 recorded transactions
2026
$1.6M
2026
Price N/A
2022
$430,000

Zoning & alternative use

B-4 · Newton, NC
Zoning description

The B-4 districts are intended to provide for a mixture of retail, service, transportation, storage and related activities which do not require a central location.

General category COMMERCIAL

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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