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    Property profile & analytics

    1237 Nc 16th Hwy Conover, NC 28613-8947

    • Drive through restaurants
    • 2,786 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $2,110,000
    Last Sale
    Apr 20, 2021
    $2,323,000
    Location Intelligence
    Property ID
    US53-5598374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 1237 Nc 16th Hwy

    Year built
    2007
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    2,786 SF
    Zone code
    CC-CD
    Property type
    Drive through restaurants
    APN
    3742-10-46-6439
    APU
    374210466439

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,415,000
      6.5%
      $2,140,000
      7%
      $2,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,245,000
      Geo Method
      $2,750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,290,000
      Retail
      $2,615,000
      Mixed-Use
      $2,230,000
      Hospitality
      $2,430,000
      Educational
      $2,275,000
      Residential Income
      $2,445,000
      Energy
      $2,585,000
      Income-Based Land
      $2,425,000
      Food Service
      $2,290,000

    Location Insight

    • Map
    • Local Demand
    City
    Conover
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2083
    Latitude
    35.7261
    CBSA code
    25860
    CBSA name
    HICKORY-LENOIR-MORGANTON, NC METROPOLITAN 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
    2023
    $9,254
    $482,600
    $683,600
    $1,166,200
    -
    $482,600
    $683,600
    $1,166,200

    Comparable in this City

    • Value Estimation
      $210,000
      1,780 SF

      3350 14th SE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,780 SF
      3350 14th SE Ave, Conover, NC 28613-8012
      View Details
    • Value Estimation
      $1,340,000
      3,628 SF

      1233 Nc 16th Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,628 SF
      1233 Nc 16th Hwy, Conover, NC 28613-8947
      View Details
    • Value Estimation by Request
      1,757 SF

      817 Conover W Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,757 SF
      817 Conover W Blvd, Conover, NC 28613-2919
      View Details
    • Value Estimation
      $1,215,000
      852 SF

      112 Thornburg SE Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 852 SF
      112 Thornburg SE Dr, Conover, NC 28613-9181
      View Details
    • Value Estimation by Request
      3,935 SF

      1380 Fairgrove Church SE Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,935 SF
      1380 Fairgrove Church SE Rd, Conover, NC 28613-8611
      View Details
    • Value Estimation by Request
      2,973 SF

      510 10th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,973 SF
      510 10th NW St, Conover, NC 28613-2336
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      View Details
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    • $14 SF/Yr
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      Conover Office Space For Rent

      Office space available in Conover, near Highway 16.
      301 10Th Street Pl NW, Conover, NC 28613
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    • Contact for pricing
      190,000 SF

      Conover, NC Industrial Campus

      Modern Manufacturing/Warehouse Space Available
      0 Punch Loop Rd, Conover, NC 28613
      View Details
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    Conover, NC 28613-8947
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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