Property profile

244 Charlotte Rd Rutherfordton, NC 28139

OFF-MARKET
Other investment properties
Property ID
US53-2650813
1,163 SF 0.48 ac lot Built 1937
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

An office building in Rutherfordton, North Carolina set on a 0.48-acre lot, configured with a large reception area, two private offices, and a conference room. A partial basement provides storage space. The property includes handicap parking at the front and a large paved parking area at the rear. Improvements include a newer roof and an electric heat pump for heating. The building is positioned for street exposure, with traffic volumes reported as 10,700 vehicles per day in 2025 and projected to be 11,700 vehicles per day in 2026.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1937
Total area 1,163 SF
Lot 0.48 ac (20,909 SF)
Zoning code MU-2
APN 1207459
UPID US53-2650813

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
  • Real Estate Agency
  • Real Estate Agency
  • Alternative Medicine Practice Spa & Massage Center
  • Real Estate Agency

Location

244 Charlotte Rd Rutherfordton, NC 28139-2914
Rutherfordton metro Census 960503 FOREST CITY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$145k

Owner & transaction history

since 2025
Last sale
$150,000
1 recorded transaction
2025
$150,000

Zoning & alternative use

MU-2 · Rutherfordton, NC
Zoning description

The Mixed-Use Districts (MU-2) are established to provide opportunities for both compatible and sustainable re development where underutilized commercial properties already exist as well as infill sites where site specif…

General category MIXED_USE

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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