Financial
Distress signals
Property profile

349 King St King, NC 27021

FOR SALE
Other commercial real estate
Property ID
US53-3506046
1,968 SF 1 ac lot Built 1947
Last sale Feb 2026 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 0.48-acre commercial lot in King, North Carolina, zoned B2. It is positioned on a heavily traveled road and is located across the street from the Dario restaurant. City water and sewer services are available to the site.

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 · 2024

What does the county charge?
$752
Tax billed · 2024
Assessed value$64k
Assessed land$51k
Assessed improvement$12k
Effective rate1.18%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$295k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$75 – $164
Qualifying comparables7

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?
B-2
The intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, pa...
General categoryCOMMERCIAL
JurisdictionSTOKES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.4
Electrical Service9.7
Convenience Store9.3

Location

349 King St King, NC 27021
County assessor Recorded deeds · 1 transfer 7 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
304 Dalton, King, NC 27021-8727 $155,000 Apr 2025 2,000 SF
300 Dalton, King, NC 27021 $155,000 Apr 2025 1,868 SF
242 Main, King, NC 27021-9012 $85,000 Feb 2025 1,808 SF
130 Main, King, NC 27021-9153 $70,000 Jul 2024 1,689 SF
104 Dalton, King, NC 27021-8725 $230,000 Aug 2023 1,820 SF
102 Dalton, King, NC 27021-8725 $230,000 Aug 2023 2,187 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?”
More about this property
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