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    Butler Rd Forest City, NC 28043

    Sponsored
    For Sale
    $300,000

    1.13-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.13-acre commercial lot, located at 00 Butler Road in Forest City, North Carolina (zip code 28043), presents a prime opportunity for development. Priced at $300,000, this property boasts a convenient location with road frontage on College Avenue, Butler Street, and Westwood Street, ensuring excellent exposure. The lot is zoned for commercial use and is already equipped with town water, sewer, and power, simplifying the construction process. While a portion of the land falls within a floodplain, there remains ample buildable space. The property is part of a larger development with three available lots ranging from 0.88 acres to over 2 acres, each priced at $300,000. Verizon service is already established. The land is graded and prepared for immediate construction, making it an ideal site for a variety of commercial ventures. The APN is 422007, and the ownership structure is a partnership. This is a rare opportunity to acquire a well-situated, ready-to-build commercial lot in a thriving North Carolina community. Don't miss out on this chance to establish your business in a prime location.

    Property Features for 0 Butler Rd

    General Information

    Property type
    Retail properties
    Lot Size
    49,223 SF

    HighLights

    • $300,000 asking price for 1.13 acres of commercial land.
    • Located in Forest City, NC, with a Commercial zoning designation.
    • Utilities (water, sewer, power) available; Verizon service in place.
    • Road frontage on College Ave, Butler St., and Westwood St.
    • APN: 422007; Partnership ownership; Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.8885949
    Latitude
    35.3290951

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    FAQs

    What type of property is this?
    Retail property - 1.13-acre commercial lot, ready to build.
    Where is this retail property located?
    The property is located at Butler Rd Forest City, NC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price for 1.13 acres of commercial land.; Located in Forest City, NC, with a Commercial zoning designation.; Utilities (water, sewer, power) available; Verizon service in place.
    Request Owner's contact information
    Butler Rd 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
    Butler Rd Forest City, NC 28043
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