Financial
Distress signals
Property profile

221 N 4Th St Highlands, NC 28741

FOR SALE
Retail space
Property ID
US53-0545732
1,634 SF 0.05 ac lot Built 1971
Last sale Sep 2021 · $525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space located in the commercial district of Highlands, North Carolina, within walking distance of Main Street. It provides more than 3,000 square feet of shop area and is situated among nearby retail and dining uses such as boutiques and restaurants. The premises were previously operated under an existing tenant arrangement with the Highland Hatter, indicating the layout has been configured for retail occupancy. The site’s retail setting provides street-level visibility associated with Main Street foot traffic.

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$649k
Assessed land$405k
Assessed improvement$244k
Effective rate0.41%

Value estimate

· Sep 2026
$560k
$504k – $616k
AI approach$550k
Submarket $/SF estimate$688k

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

Recently sold

What actually traded nearby?
$398/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$212 – $522
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?
HB1
JurisdictionMACON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Electrical Service9.0
Auto Parts Store8.9

Location

221 N 4Th St Highlands, NC 28741
County assessor Recorded deeds · 2 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
202 5th, Highlands, NC 28741 $1,055,000 May 2025 1,344 SF
204 5th, Highlands, NC 28741 $1,055,000 Feb 2025 1,472 SF
370 Main, Highlands, NC 28741 $1,475,000 Sep 2023 1,800 SF
206 5th, Highlands, NC 28741 $500,000 Dec 2021 1,632 SF
442 Carolina, Highlands, NC 28741 $339,000 Dec 2020 1,524 SF
255 Spg, Highlands, NC 28741-8449 $490,000 Dec 2018 1,728 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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