Property profile

205 Commercial Dr Forest City, NC 28043

OFF-MARKET
Motels
Property ID
US53-2493256
12,208 SF 2.68 ac lot Built 1990
Individually Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1990
Total area 12,208 SF
Lot 2.68 ac (116,741 SF)
Zoning code C3
APN 1641904
UPID US53-2493256

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

205 Commercial Dr Forest City, NC 28043-2852
Forest City metro Census 960800 FOREST CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2024
Last sale
$56,000
7 recorded transactions
2024
$56,000
2024
Price N/A
2022
$2.9M
2017
$2.0M
2016
$1.5M
2016
$1.2M
2008
$2.1M

Zoning & alternative use

C3 · Forest City, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 205 Commercial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message