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Financial
Distress signals
Property profile

205 Central Ave Catawba, NC 28609

OFF-MARKET
Office buildings
Property ID
US53-5420624
14,786 SF 2.55 ac lot Built 1967
Last sale Mar 2008 · $279,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a net-lease commercial facility associated with a corporate sale-leaseback structure and was leased to Mountain Creek Contractors Inc., a concrete construction services provider specializing in box culverts, deep foundations, shoring, and heavy civil concrete work. The site is located at 205 E. Central Avenue in Catawba, North Carolina, approximately one hour from Charlotte, situated just south of Interstate 40; Catawba lies roughly midway between Hickory and Statesville along…

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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$253k
Assessed land$63k
Assessed improvement$190k
Effective rate2.63%

Value estimate

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

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$46 – $140
Qualifying comparables5

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?
M-I
The purpose of M-I zones established as a district in which the principal use of land is for industrial and warehousing uses which normal...
General categoryINDUSTRIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.9
Furniture Store8.4
Wholesale Shop8.4

Location

205 Central Ave Catawba, NC 28609-9520
County assessor Recorded deeds · 5 transfers 5 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3389 Catawba Industrial, Catawba, NC 28609-8293 $11,317,500 Oct 2020 136,792 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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