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Financial
Distress signals
Property profile

107 Main St Spindale, NC 28160

OFF-MARKET
Turn key restaurants
Property ID
US53-2733881
2,550 SF 0.08 ac lot Built 1935
Last sale Oct 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 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 is a previously operated restaurant space configured for foodservice, with existing foodservice equipment included for tenant use. The interior layout is designed to support a restaurant operation, including spaces and circulation typically associated with food preparation, service, and customer access. The building is positioned on a corner in the downtown Spindale business area, providing prominent visibility from the adjacent streets. Public parking is available directly in…

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 · 2021

What does the county charge?
$3k
Tax billed · 2021
Assessed value · 2023$46k
Assessed land$15k
Assessed improvement$31k
Effective rate6.60%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

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?
CC
Zoning Districts Article I. General Use Districts 155.040 Generally 155.041 R-20 Residential District 155.042 R-10 Residential District 1...
General categoryCOMMERCIAL
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 Supply12.2
Electrical Service10.1
Storage Facility9.9

Location

107 Main St Spindale, NC 28160-1539
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
405 Main, Spindale, NC 28160-1925 $220,000 Jul 2025 2,400 SF
796 Oakland, Spindale, NC 28160-2128 $565,000 Mar 2023 2,708 SF
584 Main, Spindale, NC 28160-1945 $75,000 Sep 2022 2,594 SF
193 Main, Spindale, NC 28160-1539 $80,000 Mar 2022 2,375 SF
1493 College, Spindale, NC 28160-0015 $940,000 Dec 2018 3,499 SF
291 Main, Spindale, NC 28160-1573 $32,000 Dec 2018 3,220 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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