Financial
Distress signals
Property profile

719 Old Lenoir Rd Hickory, NC 28601

OFF-MARKET
Other warehouses
Property ID
US53-1032917
28,860 SF 2 ac lot Built 1943
Last sale Mar 2024 · $1,300,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The Art Mill is a two-story industrial warehouse totaling 72,557 square feet on a 1.996-acre site in Hickory, North Carolina. The building was constructed in 1943 and underwent renovations in 2024. It is built with heavy-duty masonry and steel construction, retaining original hardwood floors, steel trusses with wood plank sheathing, and an 8-inch concrete perimeter wall foundation. The first floor contains 44,660 square feet and the second floor contains 27,897 square feet, including

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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$1.28M
Assessed land$98k
Assessed improvement$1.18M
Effective rate0.85%

Value estimate

· Sep 2026
$1.30M
$1.17M – $1.43M
AI approach$1.30M
Submarket $/SF estimate$1.51M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$19 – $52
Qualifying comparables3

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?
IND
The IND District is intended to provide locations for the development of land uses generally devoted to manufacturing, processing and ass...
General categoryINDUSTRIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant19.5
Dental Office18.5
Realty agency17.1

Location

719 Old Lenoir Rd Hickory, NC 28601-3442
County assessor Recorded deeds · 6 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3320 Highland NE, Hickory, NC 28601 $175,000 Dec 2025 59,856 SF
66 Us Hwy 321st NW, Hickory, NC 28601-5829 $2,761,000 May 2025 55,697 SF
1115 Old Lenoir, Hickory, NC 28601-3365 $650,000 May 2025 34,139 SF
911 10th NE, Hickory, NC 28601-4025 $425,000 Sep 2024 30,891 SF
1 9th NW, Hickory, NC 28601-6000 $368,500 May 2024 21,412 SF
1474 17th NE, Hickory, NC 28601-2824 $820,000 Apr 2024 43,716 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 719 Old Lenoir Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message