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Property profile & analytics
OFF-MARKET
Office buildings
1331 Ctr St Hickory, NC 28601-2535
Individually Owned
~
Est. High Equity
Property ID
US53-1621190
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
2,982 SF
Lot
0.28 ac (12,197 SF)
Zoning code
PD
APN
3703-11-65-2906
UPID
US53-1621190
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
-
Law Offices of Amos and Kapral, LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lee Price
Lee Price
since 2025
Last sale
$177,000
7 recorded transactions
Zoning & alternative use
PD · Hickory, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,325
Tax year 2023
Assessed value
$272,400
Assessed 2023
Previous assessed
$272,400
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$48,800
Assessed improvement
$223,600
Land market value
$48,800
Improvement market value
$223,600
Total market value
$272,400
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
2004
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,982 SF
Lot
0.28 ac (12,197 SF)
Zoning code
PD
APN
3703-11-65-2906
UPID
US53-1621190
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.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Lee Price
Individual
Mailing address
1331 N CTR ST, HICKORY, NC 28601-2535
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
—
Hickory Grove Partners LLC
—
Deed
related
$169,000 · August Green LLC
Aug 29, 2025
$177,000
Lee Price
Timothy Scott Moore
Warranty Deed
$15,000 · North Carolina Housing Finance Agen
Oct 7, 2015
$308,000
Viewmont Squire LLC
Peoples Bk
Grant Deed
$261,492 · Pnc Bk
Dec 5, 2014
$342,817
Bk Peoples
Deaton Wesley L|mimar Properties LLC
Trustees Deed
related
—
Mar 22, 2007
$100,000
Catawba Communities LLC
Viewmont Place LLC
Warranty Deed
$695,000 · Peoples Bank & Trust
Oct 21, 2004
$150,000
Mimar Properties LLC
Viewmont Place LLC
Warranty Deed
$500,000 · Peoples Bank & Trust
—
—
Mimar Properties LLC
—
Deed Of Trust
related
$212,000 · First American Equity Loan Svcs
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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