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    Property profile & analytics

    8896 Nc Hwy 183 Newland, NC 28657

    • Grocery and convenience stores
    • 1,800 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Dec 23, 2020
    Location Intelligence
    Property ID
    US53-3300132
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 8896 Nc Hwy 183

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.63 lot acres
    Property size
    1,800 SF
    Zone code
    RURAL MIXED USE DIST
    Property type
    Grocery and convenience stores
    APN
    19852
    APU
    19852

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newland
    County
    Burke
    State
    North Carolina
    Longitude
    -81.942
    Latitude
    35.9589
    CBSA code
    25860
    CBSA name
    HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

    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
    $2,070
    $100,800
    $196,979
    $297,779
    -
    $100,800
    $196,979
    $297,779

    Comparable in this City

    • Value Estimation
      $245,000
      1,344 SF

      1833 Elk Park Hwy

      CONVENIENCE STORE • 1,344 SF
      1833 Elk Park Hwy, Newland, NC 28657-7821
      View Details
    • Value Estimation
      $195,000
      2,453 SF

      9041 Nc Hwy 181

      CONVENIENCE STORE • 2,453 SF
      9041 Nc Hwy 181, Newland, NC 28657
      View Details
    • Value Estimation
      $350,000
      8,863 SF

      5810 Us 19th Hwy

      CONVENIENCE STORE • 8,863 SF
      5810 Us 19th Hwy, Newland, NC 28657-8540
      View Details
    • Value Estimation by Request
      2,570 SF

      6024 Us 19th Hwy

      CONVENIENCE STORE • 2,570 SF
      6024 Us 19th Hwy, Newland, NC 28657-8541
      View Details
    • Value Estimation
      $300,000
      2,526 SF

      194 Hwy Off Hwy

      CONVENIENCE STORE • 2,526 SF
      194 Hwy Off Hwy, Newland, NC 28657
      View Details
    • Value Estimation
      $315,000
      2,479 SF

      420 Cranberry St

      CONVENIENCE STORE • 2,479 SF
      420 Cranberry St, Newland, NC 28657
      View Details

    Similar Nearby for Sale

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      Retail property with established business and residential income potential.
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    • $700,000

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      Thriving business with loyal customers and expansion potential on 2.99 acres.
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    • $715,000

      Newland Retail Opportunity For Sale

      Prime Newland location with road frontage and development potential.
      417 Cranberry St, Newland, NC 28657
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    • $765,000

      Newland Retail Opportunity with Frontage

      In-town Newland property with road frontage and development potential.
      417 Cranberry St, Newland, NC 28657
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    • $149,000
      4.10 Acres

      Historic Building with Redevelopment Potential

      Unique property with store, living space, and outbuildings.
      Tbd Squirrel Crk Rd, Newland, NC 28657
      View Details
    • $150,000
      0.50 Acres

      Residential Land with Mountain Views

      Half-acre lot in Linville Heights with stunning mountain views.
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      View Details
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    8896 Nc Hwy 183
    Newland, NC 28657
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    Realmo Value Estimation

    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.

    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.

    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
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