Financial
Distress signals
Property profile

725 Reese SW Dr Conover, NC 28613

OFF-MARKET
Office buildings
Property ID
US53-1908628
137,438 SF 13.26 ac lot Built 1994
Last sale Mar 2025 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse/industrial facility in Conover, North Carolina, constructed in 1994. The building encompasses approximately 125,165 square feet (with a referenced property size of approximately 127,875 square feet) and is configured for warehouse, industrial, and distribution use. The facility includes 9 loading docks to support loading and distribution operations.

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?
$44k
Tax billed · 2023
Assessed value$5.54M
Assessed land$307k
Assessed improvement$5.23M
Effective rate0.79%

Value estimate

· Sep 2026
$5.86M
$5.27M – $6.44M
AI approach$6.66M
Submarket $/SF estimate$8.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$46 – $140

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?
M-1
This district is reserved to provide areas for manufacturing as a primary use and other ancillary, smaller scale commercial uses. These a...
General categoryINDUSTRIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.0
HVAC Service10.2
Dental Office10.0

Location

725 Reese SW Dr Conover, NC 28613-2935
County assessor Recorded deeds · 4 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
1700 Cable NE, Conover, NC 28613-8991 $3,425,000 Nov 2024 82,655 SF
485 Punch Loop SW, Conover, NC 28613 $1,486,000 Mar 2024 502,665 SF
1013 1st W, Conover, NC 28613-9692 $1,850,000 Jun 2023 40,563 SF
1123 4th SW, Conover, NC 28613-9627 $15,497,500 Mar 2022 248,173 SF
1228 Commerce SW, Conover, NC 28613-8355 $3,281,500 Apr 2020 38,717 SF
1828 Brian NE, Conover, NC 28613-8852 $865,000 Jun 2019 40,050 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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