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    Property profile & analytics

    121 Laurel Dr Rutherfordton, NC 28139-2952

    • Office Properties & Spaces
    • 4,662 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jul 15, 2022
    Location Intelligence
    Property ID
    US53-2399241
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 121 Laurel Dr

    Year built
    1987
    Lot size
    0.67 lot acres
    Property size
    4,662 SF
    Zone code
    MU-2
    Property type
    Office Properties & Spaces
    APN
    1653127
    APU
    1653127

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rutherfordton
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.9442
    Latitude
    35.3633
    CBSA code
    22580
    CBSA name
    FOREST CITY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,176
    $65,700
    $168,100
    $233,800
    -
    $65,700
    $168,100
    $233,800

    Comparable in this City

    • Value Estimation by Request
      2,320 SF

      232 Main St

      OFFICE (GENERAL) • 2,320 SF
      232 Main St, Rutherfordton, NC 28139-2556
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    • Value Estimation by Request
      2,200 SF

      509 Railroad Ave

      OFFICE (GENERAL) • 2,200 SF
      509 Railroad Ave, Rutherfordton, NC 28139-2728
      View Details
    • Value Estimation by Request
      16,074 SF

      1510 Us 221st S Hwy

      OFFICE (GENERAL) • 16,074 SF
      1510 Us 221st S Hwy, Rutherfordton, NC 28139-7205
      View Details
    • Value Estimation by Request
      968 SF

      139 2nd St

      OFFICE (GENERAL) • 968 SF
      139 2nd St, Rutherfordton, NC 28139-2448
      View Details
    • Value Estimation by Request
      1,008 SF

      125 Main St

      OFFICE (GENERAL) • 1,008 SF
      125 Main St, Rutherfordton, NC 28139-2904
      View Details
    • Value Estimation
      $265,000
      3,115 SF

      112 Main St

      OFFICE (GENERAL) • 3,115 SF
      112 Main St, Rutherfordton, NC 28139-2595
      View Details

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      Golf Course View Lot

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      Wooded Lot Near Cleghorn Golf

      0.95-acre wooded lot near Cleghorn Golf and Tryon Resort.
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    Rutherfordton, NC 28139-2952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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