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    Property profile & analytics

    313 Main St Ellenboro, NC 28040-6653

    • Commercial real estate
    • 918 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Last Sale
    Mar 21, 2023
    $415,000
    Location Intelligence
    Property ID
    US53-2312512
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 313 Main St

    Year built
    1980
    Lot size
    0.43 lot acres
    Property size
    918 SF
    Property type
    Commercial real estate
    APN
    319516
    APU
    319516

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $520,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $415,000
      Mixed-Use
      $535,000
      Hospitality
      $480,000
      Educational
      $470,000
      Residential Income
      $520,000
      Energy
      $405,000
      Income-Based Land
      $425,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Ellenboro
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.759
    Latitude
    35.3295
    CBSA code
    22580
    CBSA name
    FOREST CITY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $3,067
    $18,900
    $369,100
    $388,000
    -
    $18,900
    $369,100
    $388,000

    Comparable in this City

    • Value Estimation
      $40,000
      638 SF

      132 Main St

      COMMERCIAL (GENERAL) • 638 SF
      132 Main St, Ellenboro, NC 28040
      View Details
    • Value Estimation by Request
      4,940 SF

      370 Main St

      COMMERCIAL (GENERAL) • 4,940 SF
      370 Main St, Ellenboro, NC 28040-6653
      View Details
    • Value Estimation
      $455,000
      1,824 SF

      171 Race Path Church Rd

      COMMERCIAL (GENERAL) • 1,824 SF
      171 Race Path Church Rd, Ellenboro, NC 28040-9362
      View Details
    • Value Estimation by Request
      202 SF

      143 Henrietta St

      COMMERCIAL (GENERAL) • 202 SF
      143 Henrietta St, Ellenboro, NC 28040-9302
      View Details
    • Value Estimation by Request
      105 SF

      333 Main St

      COMMERCIAL (GENERAL) • 105 SF
      333 Main St, Ellenboro, NC 28040-6653
      View Details
    • Value Estimation by Request
      18.60 Acres

      382 Poole Rd

      Commercial real estate • 18.60 Acres
      382 Poole Rd, Ellenboro, NC 28040
      View Details

    Similar Nearby for Sale

    • $549,900
      18.60 Acres

      382 Poole Rd, Ellenboro, NC 28040

      Commercial real estate • 18.60 Acres
      382 Poole Rd, Ellenboro, NC 28040
      View Details
    • $39,900
      5.19 Acres

      Land in Gated Community

      5+ acre lot with views, privacy, and potential.
      Moore Mountain Ln, Ellenboro, NC 28040
      View Details
    • $185,000
      29.72 Acres

      Timber Tract in Ellenboro, NC

      29.72 acre timber tract with planted loblolly pines.
      01 Irvin Rd, Ellenboro, NC 28040
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    • $750,000
      83.90 Acres

      80+ Acres Wooded Land

      Unrestricted land with pond, streams, suitable for various uses.
      199 Ford Rd, Ellenboro, NC 28040
      View Details
    • $45,000
      3.74 Acres

      Land in Ellenboro, North Carolina

      3.74 acres of partially wooded land, ideal for building.
      Ford Rd, Ellenboro, NC 28040
      View Details
    • $300,000
      20.92 Acres

      20.92 Acres in Ellenboro, NC

      Unrestricted land with mountain views, pasture, and a creek.
      Campfield Church Rd, Ellenboro, NC 28040
      View Details
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    313 Main St
    Ellenboro, NC 28040-6653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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