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    276 Butler Rd Forest City, NC 28043

    Sponsored
    For Sale
    $1,000,000

    Prime 4.92-acre commercial lot, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.92-acre commercial land parcel presents a unique investment opportunity in Forest City, North Carolina. Strategically located on Butler Road in Rutherford County, this property boasts excellent visibility and accessibility, situated conveniently between Charlotte and Asheville. The land is commercially zoned, allowing for a variety of development possibilities. Utilities including electricity, water, and sewer are readily available. The site has already undergone rough grading and is currently grassed. Offering significant frontage on three roads, this property provides ample space and convenient access. While some areas fall within floodplains, the majority of the land is suitable for development. The property is divisible, offering flexibility for potential buyers. Please note that the Verizon building located on the property is not included in the sale. The asking price for this prime commercial land is $1,000,000. The parcel numbers are 1656309, 420977, 423563, and a portion of 422007. Ownership is held by RSJ Enterprises, Inc. This property is near a busy county intersection, making it an ideal location for commercial ventures.

    Property Features for 276 Butler Rd

    General Information

    Property type
    Land
    Lot Size
    214,315 SF

    HighLights

    • 5‑acre commercially zoned parcel in Forest City, NC.
    • Utilities (water, sewer, electric) available on‑site.
    • Triple street frontage.
    • High‑traffic location near a major intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.886154
    Latitude
    35.3299194

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime 4.92-acre commercial lot, excellent location.
    Where is this land located?
    The property is located at 276 Butler Rd Forest City, NC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 5-acre commercially zoned parcel in Forest City, NC.; Utilities (water, sewer, electric) available on-site.; Triple street frontage.
    (828) 395-2222
    Request Owner's contact information
    276 Butler Rd 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
    276 Butler Rd Forest City, NC 28043
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