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    Gettys St Forest City, NC 28043

    Sponsored
    For Sale
    $540,000

    Prime 4.83-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.83-acre commercial land parcel presents a remarkable investment opportunity in the thriving Uptown Forest City, North Carolina. Located at 0 Gettys Street, 28043, this property boasts an impressive 327 feet of frontage on West Main Street, ensuring high visibility and accessibility. The lot extends 660 feet deep on Gettys Street and features a 323-foot rear property line adjacent to the Thermal Belt Railroad walking trail, offering unique potential for development. The 529-foot west property line provides ample space. The land is level with a gentle slope towards the rear, making it ideal for various commercial ventures. Currently cleared and grassed, this property is conveniently located within the city limits of Forest City and benefits from readily available city utilities. The COMMERCIAL zoning allows for a wide range of development possibilities, capitalizing on the high traffic and high visibility location. This is a rare opportunity to acquire a significant commercial land holding in a desirable and rapidly growing area. The property's size, location, and zoning make it an exceptional investment for developers and businesses seeking a prominent presence in Forest City.

    Property Features for 0 Gettys St

    General Information

    Property type
    Land

    HighLights

    • 4.83 acres of vacant, cleared, and grassed land in Forest City, NC (28043).
    • 327 feet of frontage on West Main Street.
    • Commercially zoned with all city utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.8757502
    Latitude
    35.3407258

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      Forest City Commercial Land Opportunity

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 4.83-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at Gettys St Forest City, NC.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: 4.83 acres of vacant, cleared, and grassed land in Forest City, NC (28043).; 327 feet of frontage on West Main Street.; Commercially zoned with all city utilities available on-site.
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    Gettys 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
    Gettys St Forest City, NC 28043
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