Property profile

242 Meadowbrook Dr Forest City, NC 28043

OFF-MARKET
Warehouses
Property ID
US53-2570799
60,000 SF 3.98 ac lot Built 1993
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1993
Total area 60,000 SF
Lot 3.98 ac (173,369 SF)
Zoning code M1
APN 1654632
UPID US53-2570799

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
  • Waste Management Facility Hazardous Waste Disposal

Location

242 Meadowbrook Dr Forest City, NC 28043-9602
Forest City metro Census 960800 FOREST CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$910k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2021
$925,000
2020
$800,000

Zoning & alternative use

M1 · 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 242 Meadowbrook 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