Financial
Distress signals
Property profile

362 Duke St Forest City, NC 28043

OFF-MARKET
Turn key restaurants
Property ID
US53-2729407
1,840 SF 32.36 ac lot Built 1959
Last sale Feb 2024 · $730,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 32+ acre property in Forest City, NC, presents a rare investment opportunity. The main attraction is the 2,631 square foot Eagle Lake Restaurant, featuring a fully equipped commercial kitchen with walk-in refrigerators and freezers. The restaurant boasts seating for 14 inside and 7 (expandable to 12) on a covered lakeside deck, all offering stunning lake views. A basement bar and two storage rooms provide additional space. The property also includes a 10-acre stocked lake,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$6k
Tax billed · 2021
Assessed value · 2023$703k
Assessed land$590k
Assessed improvement$113k
Effective rate0.86%

Value estimate

· Sep 2026
$730k
$657k – $803k
AI approach$730k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
JurisdictionRUTHERFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Hair Salon9.0
HVAC Service9.0

Location

362 Duke St Forest City, NC 28043-9196
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Main, Forest City, NC 28043-3052 $290,000 Mar 2025 1,561 SF
516 Oak, Forest City, NC 28043-3583 $540,000 Dec 2022 1,525 SF
120 Victory, Forest City, NC 28043-9609 $1,137,500 Oct 2022 1,750 SF
507 Main, Forest City, NC 28043-3230 $235,000 Apr 2022 1,650 SF
129 Thomas, Forest City, NC 28043-3031 $55,000 Feb 2022 1,820 SF
536 Broadway, Forest City, NC 28043-4048 $600,000 Jan 2022 2,294 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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