Realmo Analytics

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Property profile

140 Main St Forest City, NC 28043

OFF-MARKET
Other commercial real estate
Property ID
US53-2707749
5,040 SF 0.12 ac lot Built 1938
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

The property is a retail building located at 140 W Main Street in Forest City, North Carolina, on Main Street frontage. It is a 5,040-square-foot structure constructed in 1938 and configured with a clear-span interior and 14-foot ceiling heights. The exterior features a stone veneer front and display windows suitable for storefront use. Inside, the existing layout includes two offices and a storage room. Mechanical features include ceiling fans and attic fans. The building was historically used…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$931
Tax billed · 2021
Assessed value · 2023$149k
Assessed land$63k
Assessed improvement$87k
Effective rate0.62%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$74 – $485
Qualifying comparables19

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

140 Main St Forest City, NC 28043-3052
County assessor Recorded deeds · 1 transfer 19 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
149 Trade, Forest City, NC 28043-3032 $285,000 Apr 2025 4,886 SF
1724 Us Hwy 221a, Forest City, NC 28043 $50,000 Mar 2025 3,468 SF
127 Trade, Forest City, NC 28043-3131 $250,000 Jul 2024 3,814 SF
565 Oak, Forest City, NC 28043-3582 $2,000,000 Sep 2023 6,404 SF
358 Broadway, Forest City, NC 28043-3649 $200,000 Sep 2023 3,080 SF
301 Main, Forest City, NC 28043-3026 $300,000 Mar 2023 5,822 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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