1514 Nc 10 HwyNewton, NC 28658
- Industrial properties
- 6,444 SF
Property Details for 1514 Nc 10 Hwy
- Year built
- 1967
- Construction
- WOOD
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 6,444 SF
- Zone code
- B-4
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 3639-06-49-6767
- APU
- 363906496767
Description
This exceptional business opportunity encompasses two adjoining properties totaling 9,694 square feet situated on a 0.86-acre lot at 1514 & 1522 W NC Highway 10 in Newton, NC. Benefitting from over 400 feet of road frontage on a highway with a North Carolina Department of Transportation-reported average daily traffic count exceeding 10,000 vehicles, this location offers unparalleled visibility and accessibility. The first building, a 6,444 square foot auto dealership, features a showroom, office space, three bathrooms, two bays with front-facing garage doors, and substantial storage. The second building, a 3,250 square foot five-bay auto shop, includes four oversized garage doors, five auto lifts, an office, a waiting area, and two additional storage areas. Plumbing is in place for two bathrooms in this building. Ample shared parking is available for both properties. This combined property presents a rare opportunity to acquire established commercial space in a high-traffic location with significant potential for growth and expansion. The existing infrastructure and layout are well-suited for continued automotive-related businesses, but the versatile space could also accommodate a variety of other commercial uses. This is a turnkey opportunity for an entrepreneur seeking a well-positioned and established business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,723,427
- Hospitality
- $1,578,650
- Educational
- $1,313,418
- Medical
- $1,358,589
- Retail
- $2,043,095
Location Insight
- City
- Newton
- County
- Catawba
- State
- North Carolina
- Latitude
- 35.6521
- Longitude
- -81.2398
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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