Financial
Distress signals
Property profile

516 Oak St Forest City, NC 28043

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2846443
1,525 SF 0.24 ac lot Built 1978
Last sale Dec 2022 · $540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2021

What does the county charge?
$1k
Tax billed · 2021
Assessed value · 2023$179k
Assessed land$69k
Assessed improvement$110k
Effective rate0.62%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$465k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
C3
JurisdictionRUTHERFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
Parking Facility10.7
Electrical Service10.4

Location

516 Oak St Forest City, NC 28043-3583
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Main, Forest City, NC 28043-3052 $290,000 Mar 2025 1,561 SF
280 Main, Forest City, NC 28043-3025 $206,000 Dec 2024 1,420 SF
1008 Broadway, Forest City, NC 28043-3675 $130,000 Oct 2024 1,224 SF
125 Main, Forest City, NC 28043-3035 $142,500 Aug 2022 1,296 SF
507 Main, Forest City, NC 28043-3230 $235,000 Apr 2022 1,650 SF
129 Thomas, Forest City, NC 28043-3031 $55,000 Feb 2022 1,820 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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