308 Us Hwy 221aForest City, NC 28043

  • Retail space
  • 1,000 SF
Off market
$2,504,700 Estimated

Property Details for 308 Us Hwy 221a

Year built
1960
Lot size
0.25 AC
Property size (Sq ft)
1,000 SF
Zone code
C3ETJ
Property type
Retail space
APN
1613831
APU
1613831

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $283,903
    6.5%
    $262,064
    7%
    $243,345
  • Comparable approach

    Method
    Valuation
    Relative Method
    $207,472
    Geo Method
    $207,472
  • Alternative Use

    Use
    Valuation
    Residential
    $221,061
    Hospitality
    $202,491
    Educational
    $168,470
    Medical
    $174,264
    Retail
    $262,064

Location Insight

City
Forest City
County
Rutherford
State
North Carolina
Latitude
35.2987
Longitude
-81.8501
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
$262
$16,300
$21,400
$37,700
-
$16,300
$21,400
$37,700

FAQs

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