Financial
Distress signals
Property profile

197 Plz Dr Forest City, NC 28043

OFF-MARKET
Outlet malls
Property ID
US53-2893785
204,184 SF 28.3 ac lot Built 1999
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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?
$109k
Tax billed · 2021
Assessed value · 2023$12.49M
Assessed land$5.93M
Assessed improvement$6.56M
Effective rate0.87%

Value estimate

· Oct 2026
$24.17M
$21.75M – $26.59M
CAP approach$31.07M
Submarket $/SF estimate$22.33M

Realmo valuation models over county records.

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

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?
C3
JurisdictionRUTHERFORD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.9
Tailor Shop8.9
Pawn Shop8.8

Location

197 Plz Dr Forest City, NC 28043-3712
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 10 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
138 Harrill, Forest City, NC 28043-7327 $1,260,000 Jun 2023 9,146 SF
2380 College, Forest City, NC 28043-2407 $1,675,000 Sep 2022 32,505 SF
776 Main, Forest City, NC 28043-2821 $1,160,000 Sep 2021 8,480 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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