Property profile

8896 Nc Hwy 183 Newland, NC 28657

OFF-MARKET
Grocery and convenience stores
Property ID
US53-3300132
1,800 SF 0.63 ac lot Built 1950
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1950
Construction WOOD FRAME
Total area 1,800 SF
Lot 0.63 ac (27,443 SF)
Zoning code RURAL MIXED USE DIST
APN 19852
UPID US53-3300132

Cap rate & NOI

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

Location

8896 Nc Hwy 183 Newland, NC 28657
Newland metro Census 20203 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2014
4 recorded transactions
2019
Price N/A
2014
$200,000
2009
$210,000
1969
Price N/A

Zoning & alternative use

RURAL MIXED USE DIST · Newland, NC

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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