0 Butler Rd Forest City, NC 28043
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.