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    Commercial Dr Forest City, NC 28043

    • Land
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Commercial Dr

    Lot size
    8.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 8-acre commercial/industrial land parcel presents a unique investment opportunity in Forest City, North Carolina. Located on Commercial Drive, this property boasts over 900 feet of road frontage across two roads, providing excellent visibility and accessibility. The C-3 zoning allows for a wide range of commercial and industrial uses, making it ideal for various development projects. Situated just a tenth of a mile from Highway 74A, this location offers convenient access to major transportation routes, ensuring high traffic flow and visibility. The property is in close proximity to established businesses such as Wendy's, AutoZone, Carter Bank & Trust, Quality Inn, and numerous medical and financial offices, creating a thriving commercial environment. The parcel number is 1539807006. This strategic location and flexible zoning make this 8-acre lot a highly desirable investment for developers and businesses seeking a prominent presence in a growing community. The asking price is $810,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.8899
    Latitude
    35.3355

    Comparable in this City

    • Value Estimation by Request
      4.92 Acres

      276 Butler Rd

      Land • 4.92 Acres
      276 Butler Rd, Forest City, NC 28043
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    • Value Estimation by Request
      1.88 Acres

      Main St

      Land • 1.88 Acres
      0 Main St, Forest City, NC 28043
      View Details
    • Value Estimation by Request
      1.88 Acres

      Main St

      Land • 1.88 Acres
      0 Main St, Forest City, NC 28043
      View Details
    • Value Estimation by Request

      Gettys St

      Land
      0 Gettys St, Forest City, NC 28043
      View Details
    • Value Estimation by Request
      1.00 Acre

      221 Us Hwy 74 @ Hwy

      Land • 1.00 Acre
      221 Us Hwy 74 @ Hwy, Forest City, NC 28043
      View Details
    • Value Estimation by Request

      Main St

      Land
      0 Main St, Henrietta, NC 28043
      View Details

    Similar Nearby for Sale

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      1.00 Acre

      Creekside Crossing Commerce Center

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      Forest City Commercial Land - $540K

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    Similar Nearby for Lease

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      6,008 SF

      Forest City Retail Space Available

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    Commercial Dr
    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
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