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Financial
Distress signals
Property profile

2303 E Main St Lincolnton, NC 28092

FOR SALE
Other investment properties
Property ID
US53-2104668
3,201 SF 0.39 ac lot Built 1929
Last sale Sep 2022 · $430,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The commercial property is located in Lincolnton, North Carolina, on a highly visible signalized intersection and is positioned along a major business corridor, with reported traffic counts of approximately 27,500 vehicles per day (2024 NC DOT). The interior includes more than 3,100 square feet of usable commercial area and has been opened to the studs, providing an adaptable finish-out potential. The space is plumbed for two bathrooms and includes two separate entrances, supporting flexible…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$476k
Assessed land$169k
Assessed improvement$307k
Effective rate1.02%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$390k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$4k
Operating expenses−$17k
NOI · 7.76% cap applied$39k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$62 – $199
Qualifying comparables12

Cap rate analysis

How does the asset earn?
7.76%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
G-B
The purpose of this district is to provide an array of retail, wholesale and service uses to serve the entire community and with access t...
General categoryCOMMERCIAL
JurisdictionLINCOLN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
HVAC Service9.7
Electrical Service9.4

Location

2303 E Main St Lincolnton, NC 28092
County assessor Recorded deeds · 3 transfers 12 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Westview, Lincolnton, NC 28092-2144 $40,000 Feb 2023 2,700 SF
230 Congress, Lincolnton, NC 28092-2507 $85,000 Jan 2023 4,880 SF
202nd Lithia Inn, Lincolnton, NC 28092-4217 $200,000 Jun 2022 1,920 SF
633 Riverside, Lincolnton, NC 28092-2333 $150,000 May 2021 3,754 SF
956 Reepsville, Lincolnton, NC 28092-9509 $154,000 Oct 2020 2,400 SF
2598 Aspen, Lincolnton, NC 28092-8007 $297,500 Jun 2020 3,480 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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