Property profile

242 Main St King, NC 27021

OFF-MARKET
Commercial real estate
Property ID
US53-3669835
1,808 SF 0.32 ac lot Built 1940
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction WOOD
Total area 1,808 SF
Lot 0.32 ac (13,939 SF)
Zoning code B-2
APN 599216930164
UPID US53-3669835

Cap rate & NOI

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

Location

242 Main St King, NC 27021-9012
King metro Census 70505 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$85,000
3 recorded transactions
2025
$85,000
2019
$8,000
2014
Price N/A

Zoning & alternative use

B-2 · King, NC
Zoning description

The intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services

General category COMMERCIAL

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
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