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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Office buildings
1310 4th St NW Dr, Hickory, NC 28601-2524
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-1905714
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2018
Construction
FRAME
Total area
9,495 SF
Lot
0.92 ac (40,075 SF)
Zoning code
PD
APN
3703-11-65-0952
UPID
US53-1905714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
NC Farm Bureau Insurance Insurance Agency
-
Ronny Porta Potty Rental Hickory Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.72M
Owner & transaction history
Viewmont Holdings LLC · 7 yrs held
Viewmont Holdings LLC
since 2019
3 recorded transactions
Zoning & alternative use
PD · Hickory, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+98.3%
Medical building
$1.8M
+64.3%
Auto repair, garage
$1.1M
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hickory submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hickory submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,230,000
6.5%
$2,055,000
7%
$1,910,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,100,000
Current use
RESTAURANT
$2,175,000
Change: +98% · Conversion: Moderate
MEDICAL BUILDING
$1,805,000
Change: +64% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,125,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$1,120,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,758
Tax year 2023
Assessed value
$1,494,800
Assessed 2023
Previous assessed
$1,494,800
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$160,300
Assessed improvement
$1,334,500
Land market value
$160,300
Improvement market value
$1,334,500
Total market value
$1,494,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
HOT WATER
Cooling
CENTRAL
Units
1
Total area
9,495 SF
Lot
0.92 ac (40,075 SF)
Zoning code
PD
APN
3703-11-65-0952
UPID
US53-1905714
Jurisdiction
CATAWBA
Zoning & alternative use
PD · Hickory, NC
Zoning PD · permitted uses
PD · Hickory, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hickory. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Viewmont Holdings LLC
Entity
Mailing address
3710 8TH ST PL NW, HICKORY, NC 28601-8087
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Viewmont Holdings LLC
—
Deed
related
$1,760,000 · Provide INC
May 17, 2019
$1,771,500
Viewmont Holdings LLC
Viewmont Place LLC
Grant Deed
—
Apr 26, 2018
—
Viewmont Place LLC
—
Grant Deed
related
$1,454,000 · Peoples Bk&tr Co/pointe Coup
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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