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    Property profile & analytics

    351 Oakland Rd Spindale, NC 28160-2119

    • Turn key restaurants
    • 1,476 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 15, 2024
    $130,000
    Location Intelligence
    Property ID
    US53-2507693
    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

    • Top Dog Fast Food / Fast Food Restaurant

    Property Details for 351 Oakland Rd

    Year built
    1955
    Lot size
    0.36 lot acres
    Property size
    1,476 SF
    Zone code
    HCI
    Property type
    Turn key restaurants
    APN
    1208419
    APU
    1208419

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spindale
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.9172
    Latitude
    35.348
    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
    $601
    $15,900
    $32,700
    $48,600
    -
    $15,900
    $32,700
    $48,600

    Comparable in this City

    • Value Estimation by Request
      1,700 SF

      135 Main St

      RESTAURANT • 1,700 SF
      135 Main St, Spindale, NC 28160-1539
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      $350,000
      2,459 SF

      267 Main St

      RESTAURANT • 2,459 SF
      267 Main St, Spindale, NC 28160-1540
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      2,118 SF

      302 Main St

      RESTAURANT • 2,118 SF
      302 Main St, Spindale, NC 28160-1594
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      2,500 SF

      123 Main St

      RESTAURANT • 2,500 SF
      123 Main St, Spindale, NC 28160-1539
      View Details
    • Value Estimation by Request
      1,916 SF

      139 Main St

      RESTAURANT • 1,916 SF
      139 Main St, Spindale, NC 28160-1539
      View Details
    • Value Estimation by Request
      2,400 SF

      405 Main St

      RESTAURANT • 2,400 SF
      405 Main St, Spindale, NC 28160-1925
      View Details

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    351 Oakland Rd
    Spindale, NC 28160-2119
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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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