Financial
Distress signals
Property profile

198 Main St Rutherfordton, NC 28139

OFF-MARKET
Retail space
Property ID
US53-2720643
1,562 SF 0.04 ac lot Built 1900
Last sale Mar 2023 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial property is located in downtown Rutherfordton, North Carolina, directly across from the courthouse and within an area of local businesses and retail establishments. The building has been extensively renovated and is configured for restaurant- and tavern-style use, with interior spaces featuring architectural ceiling characteristics. It includes a full unfinished basement that provides storage capacity and offers potential for future expansion.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2024$96k
Assessed land$16k
Assessed improvement$80k
Effective rate1.05%

Value estimate

· Sep 2026
$190k
$171k – $209k
AI approach$190k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$48 – $145

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?
MS
The purpose of this zoning district is to provide new development, revitalization, reuse, and infill development in Rutherfordtons core d...
General categoryCIVIC_INSTITUTIONAL
JurisdictionRUTHERFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.1
Auto Repair Shop11.0
Wholesale Shop9.6

Location

198 Main St Rutherfordton, NC 28139-2502
County assessor Recorded deeds · 7 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
139 Main, Rutherfordton, NC 28139-2904 $325,000 Jan 2024 1,680 SF
125 2nd, Rutherfordton, NC 28139-2448 $91,000 Mar 2023 1,225 SF
181 Main, Rutherfordton, NC 28139-2501 $76,000 Sep 2022 1,539 SF
127 2nd, Rutherfordton, NC 28139-2448 $90,000 Oct 2021 1,323 SF
139 Central, Rutherfordton, NC 28139-2401 $70,000 Jul 2020 1,440 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 198 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message