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Property profile

0 Gettys St Forest City, NC 28043

OFF-MARKET
Land
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Property summary

AI-generated overview

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 profile

Verified
Property type Land

Cap rate & NOI

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

Location

Gettys St Forest City, NC 28043
Forest City metro
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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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