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Financial
Distress signals
Property profile

138 Main St Forest City, NC 28043

OFF-MARKET
Retail space
Property ID
US53-2658338
4,158 SF 0.09 ac lot Built 1946
Last sale Feb 2026 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A mixed-use property in Historic Downtown Forest City, North Carolina, configured as two separate stories: the main level contains approximately 1,750 square feet of office/retail space that has historically been used for business operations and retail use, and the upper level contains an approximately 1,750 square foot apartment with vintage early-1900s character. The property includes building updates that comprise a replaced roof, HVAC system, water heater, and electrical and plumbing…

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?
$831
Tax billed · 2021
Assessed value · 2023$128k
Assessed land$47k
Assessed improvement$81k
Effective rate0.65%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

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?
C1
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 Supply13.7
Realty agency13.1
Parking Facility11.4

Location

138 Main St Forest City, NC 28043
County assessor Recorded deeds · 3 transfers 4 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Commercial, Forest City, NC 28043-2851 $216,500 Apr 2024 3,840 SF
2582 College, Forest City, NC 28043-6116 $945,000 Mar 2023 4,108 SF
121 Cherry Mtn, Forest City, NC 28043-3002 $723,000 Feb 2023 4,740 SF
124 Makers, Forest City, NC 28043-7015 $182,500 Aug 2022 5,560 SF
116 Turner, Forest City, NC 28043-2741 $20,000 Mar 2021 3,070 SF
245 Main, Forest City, NC 28043-3126 $291,500 Dec 2020 4,788 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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