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    Main St Forest City, NC 28043

    Sponsored
    For Sale
    $199,000

    1.88 Acres, Prime Location, $199,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.88-acre commercial lot presents a remarkable investment opportunity in the thriving Forest City, North Carolina market. Located at 0 W Main St, zip code 28043, this vacant land boasts approximately 100 feet of road frontage, providing excellent visibility and accessibility. The property's level topography simplifies development, and convenient access is available from both Marshall Street and Gettys Street, offering multiple options for site planning and ingress/egress. Zoned for residential use, this parcel presents a unique chance to develop a variety of commercial projects, subject to local planning and zoning approvals. The asking price is $199,000, making it an attractive proposition for developers and investors seeking a strategically located site in a growing community. Its location in Forest City, NC offers proximity to essential amenities and infrastructure, further enhancing its development potential. The property's size and location make it ideal for a range of commercial ventures, from retail spaces to light industrial uses. Detailed site plans and feasibility studies should be conducted to determine the optimal use and development strategy for this promising piece of land. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The latitude and longitude coordinates are 35.3432778 and -81.8822509 respectively.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    81,893 SF

    HighLights

    • $199,000 asking price.
    • 1.88‑acre commercial land parcel.
    • Residential zoning.
    • Located at 0 W Main St, Forest City, NC 28043.
    • Approximately 100 feet of road frontage.
    • Level lot with access from Marshall Street or Gettys Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.8822509
    Latitude
    35.3432778

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 1.88 Acres, Prime Location, $199,000
    Where is this land located?
    The property is located at Main St Forest City, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price.; 1.88-acre commercial land parcel.; Residential zoning.
    (828) 395-2222
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    Main St Forest City, NC 28043
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    Forest City, NC 28043
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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
    Main St Forest City, NC 28043
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