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Property profile & analytics
OFF-MARKET
Office Spaces
131 Ct St, Rutherfordton, NC 28139-2920
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-2660331
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1971
Total area
2,240 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MS
APN
1205911
UPID
US53-2660331
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mosaic Hope · 2 yrs held
Mosaic Hope
since 2024
Last sale
$150,000
4 recorded transactions
Zoning & alternative use
MS · Rutherfordton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rutherfordton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rutherfordton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,170
Tax year 2023
Assessed value
$125,800
Assessed 2024
Previous assessed
$125,800
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$43,600
Assessed improvement
$82,200
Land market value
$43,600
Improvement market value
$82,200
Total market value
$125,800
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1971
Heating
HEAT PUMP
Cooling
AC.FAN COOLING
Stories
1
Bathrooms
2
Total area
2,240 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MS
APN
1205911
UPID
US53-2660331
Jurisdiction
RUTHERFORD
Zoning & alternative use
MS · Rutherfordton, NC
Zoning MS · permitted uses
MS · Rutherfordton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rutherfordton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mosaic Hope
Individual
Mailing address
PO BOX 1519, RUTHERFORDTON, NC 28139-1519
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
$200,000
Mosaic Hope
Betty Lynch Douglas
Warranty Deed
—
Dec 16, 2022
$150,000
Travis Greene
Travis Fagan
Warranty Deed
—
Jul 31, 2018
—
Peter P Lane
—
Deed
related
$115,000 · First Citizens Bank & Trust Co
Mar 29, 2010
—
Peter E Lane
Lane,katrina
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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