Financial
Distress signals
Property profile

601 Oak St Forest City, NC 28043

OFF-MARKET
Commercial real estate
Property ID
US53-2725925
162 SF 1 ac lot Built 1981
Last sale Jun 2023 · $540,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$4k
Tax billed · 2021
Assessed value · 2023$455k
Assessed land$250k
Assessed improvement$205k
Effective rate0.89%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$570k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$281/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$74 – $485

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 Office9.8
Plumbing Service8.9
Tailor Shop8.9

Location

601 Oak St Forest City, NC 28043-3471
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
421 Broadway, Forest City, NC 28043-4045 $200,000 May 2025 211 SF
120 Trade, Forest City, NC 28043-3033 $125,000 Jul 2024 144 SF
418 Main, Forest City, NC 28043-2921 $225,000 Jul 2024 1,063 SF
693 Oak, Forest City, NC 28043-3471 $350,000 Apr 2024 124 SF
401 Duke, Forest City, NC 28043-7100 $905,000 Jan 2024 712 SF
135 Thomas, Forest City, NC 28043-3031 $723,000 Feb 2023 806 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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