Financial
Distress signals
Property profile

206 E Main St Rockwell, NC 28138

FOR LEASE
Retail space
Property ID
US53-1518386
5,300 SF 0.25 ac lot Built 1953
Last sale Sep 2005 · $255,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a downtown storefront building constructed in 1953, containing approximately 3,200 square feet of retail space. The interior layout includes a broad, adaptable showroom floor, a private rear office, and three restrooms, supporting customer-facing use, staff operations, or a divided commercial layout. The building is located at 206 E Main Street in Rockwell and fronts Highway 52, with street-front parking available in front of the building and reserved parking spaces in a rear…

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 · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$134k
Assessed land$44k
Assessed improvement$90k
Effective rate1.04%

Value estimate

· Sep 2026
$175k
$158k – $193k
AI approach$210k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$5k
Operating expenses−$17k
NOI · 1,636.87% cap applied$39k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
County average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$44 – $133
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,636.87%
$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?
B2:RETAIL BUSINESS
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.2
Building Supply10.0
HVAC Service9.9

Location

206 E Main St Rockwell, NC 28138
County assessor Recorded deeds · 2 transfers 4 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
106 Main, Rockwell, NC 28138 $300,000 Jul 2025 5,040 SF
314 China Grv, Rockwell, NC 28138-9594 $175,000 May 2024 2,425 SF
256 Main, Rockwell, NC 28138 $128,000 Feb 2022 2,058 SF
264 Main, Rockwell, NC 28138-6760 $1,785,000 Nov 2021 2,596 SF
118 Main, Rockwell, NC 28138 $155,000 Nov 2020 4,800 SF
228 Main, Rockwell, NC 28138-8582 $400,000 May 2020 4,950 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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