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    Property profile & analytics

    199 Main St Rutherfordton, NC 28139-2501

    • Office Properties & Spaces
    • 4,704 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Jan 31, 2024
    $270,000
    Location Intelligence
    Property ID
    US53-5663352
    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 199 Main St

    Year built
    1916
    Lot size
    0.07 lot acres
    Property size
    4,704 SF
    Zone code
    MS
    Property type
    Office Properties & Spaces
    APN
    1209730
    APU
    1209730

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $325,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $375,000
      Mixed-Use
      $360,000
      Hospitality
      $375,000
      Educational
      $395,000
      Residential Income
      $340,000
      Energy
      $350,000
      Income-Based Land
      $300,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Rutherfordton
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.9574
    Latitude
    35.3682
    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
    2021
    $1,681
    $27,400
    $121,900
    $149,300
    -
    $27,400
    $121,900
    $149,300

    Comparable in this City

    • Value Estimation by Request
      192 SF

      2489 Us 221st N Hwy

      OFFICE (GENERAL) • 192 SF
      2489 Us 221st N Hwy, Rutherfordton, NC 28139
      View Details
    • Value Estimation by Request
      2,132 SF

      110 Marchman Fld Dr

      OFFICE (GENERAL) • 2,132 SF
      110 Marchman Fld Dr, Rutherfordton, NC 28139-8284
      View Details
    • Value Estimation
      $525,000
      9,040 SF

      191 Main St

      OFFICE (GENERAL) • 9,040 SF
      191 Main St, Rutherfordton, NC 28139-2501
      View Details
    • Value Estimation by Request
      6,721 SF

      251 Parton Rd

      OFFICE (GENERAL) • 6,721 SF
      251 Parton Rd, Rutherfordton, NC 28139-8116
      View Details
    • Value Estimation by Request
      1,380 SF

      137 Taylor St

      OFFICE (GENERAL) • 1,380 SF
      137 Taylor St, Rutherfordton, NC 28139-2558
      View Details
    • Value Estimation
      $325,000
      1,804 SF

      162 Main St

      OFFICE (GENERAL) • 1,804 SF
      162 Main St, Rutherfordton, NC 28139-2502
      View Details

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      Golf Course View Lot

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    199 Main St
    Rutherfordton, NC 28139-2501
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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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