Technical
Financial
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Property profile

0 Main St Forest City, NC 28043

OFF-MARKET
Land
1.88 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.88 ac (81,893 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Forest City, NC 28043
Forest City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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