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Financial
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Property profile

105 E Main St Cherryville, NC 28021

FOR SALE
Retail space
Property ID
US53-1611532
7,392 SF 0.09 ac lot Built 1930
Individually Owned Owner of record is an individual. 25-yr Hold Held for 25 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two buildings located in the Cherryville Downtown Central Business District, identified by parcels 129697 and 129698. It comprises a combined total of 6,378 square feet of space across both structures, including main and upper levels and basement areas; the finished space excludes basement area. One of the buildings is a two-story structure with a basement. The buildings have been used for retail and wholesale floral operations and include an interior configuration…

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.

Debts

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 · 2024

What does the county charge?
$888
Tax billed · 2024
Assessed value$82k
Assessed land$16k
Assessed improvement$67k
Effective rate1.08%

Value estimate

· Oct 2026
$160k
$144k – $176k
AI approach$160k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$9k
Operating expenses−$34k
NOI · 18.42% cap applied$78k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$34 – $124
Qualifying comparables6

Cap rate analysis

How does the asset earn?
18.42%
$78k 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?
RET01
JurisdictionGASTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.4
Dental Office12.6
Realty agency11.1

Location

105 E Main St Cherryville, NC 28021
County assessor Recorded deeds · not on file 6 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
103 Main, Cherryville, NC 28021-3406 $150,000 Aug 2024 7,920 SF
101 Main, Cherryville, NC 28021 $150,000 Aug 2024 7,920 SF
100 Church, Cherryville, NC 28021-2905 $450,000 May 2024 8,000 SF
113 Main, Cherryville, NC 28021-3406 $176,000 Mar 2023 7,392 SF
119 Main, Cherryville, NC 28021-3406 $112,000 Mar 2023 6,864 SF
115 Main, Cherryville, NC 28021-3406 $112,000 Mar 2023 6,864 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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