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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Butler Rd Forest City, NC 28043

1.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.13-acre commercial lot, located at 00 Butler Road in Forest City, North Carolina (zip code 28043), presents a prime opportunity for development. Priced at $300,000, this property boasts a convenient location with road frontage on College Avenue, Butler Street, and Westwood Street, ensuring excellent exposure. The lot is zoned for commercial use and is already equipped with town water, sewer, and power, simplifying the construction process. While a portion of the land falls within a floodplain, there remains ample buildable space. The property is part of a larger development with three available lots ranging from 0.88 acres to over 2 acres, each priced at $300,000. Verizon service is already established. The land is graded and prepared for immediate construction, making it an ideal site for a variety of commercial ventures. The APN is 422007, and the ownership structure is a partnership. This is a rare opportunity to acquire a well-situated, ready-to-build commercial lot in a thriving North Carolina community. Don't miss out on this chance to establish your business in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.13 ac (49,223 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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