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Property profile & analytics
OFF-MARKET
Warehouses
1707 10th NE Ave Hickory, NC 28601-4214
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1616399
Property summary
AI-generated overview
This exceptional commercial property in Hickory, NC, presents a unique investment opportunity. Situated on a 0.56-acre lot, the building boasts approximately 12,000 square feet of space, cleverly divided into two roughly 6,000-square-foot units. Each unit offers warehouse/light manufacturing space and integrated office areas, catering to diverse business needs. The property benefits from convenient access via both 10th Avenue NE and 11th Avenue NE, providing excellent street frontage on each. Loading and unloading are facilitated by strategically placed dock doors and a drive-in 9' x 9' garage door. Ample parking is available for both tenants and customers. The building features approximately 12-foot ceilings throughout and is equipped with a comprehensive sprinkler system, ensuring safety and peace of mind. One unit is currently leased under a long-term agreement
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
CONCRETE BLOCKS
Total area
13,080 SF
Lot
0.56 ac (24,394 SF)
Zoning code
C-2
APN
3713-19-62-2252
UPID
US53-1616399
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
-
Advanced Print & Finishing Technologies Corporate Office
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
Getm LLC · 5 yrs held
Getm LLC
since 2020
Last sale
$262,000
3 recorded transactions
Zoning & alternative use
C-2 · 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
$3,244
Tax year 2023
Assessed value
$380,100
Assessed 2023
Previous assessed
$380,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$68,300
Assessed improvement
$311,800
Land market value
$68,300
Improvement market value
$311,800
Total market value
$380,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
13,080 SF
Lot
0.56 ac (24,394 SF)
Zoning code
C-2
APN
3713-19-62-2252
UPID
US53-1616399
Jurisdiction
CATAWBA
Zoning & alternative use
C-2 · Hickory, NC
Zoning C-2 · permitted uses
C-2 · 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
1984
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Getm LLC
Entity
Mailing address
532 8TH ST NE, HICKORY, NC 28601-5118
Ownership since
2020
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
Sep 17, 2020
$262,000
Getm LLC
Tony C Childers
Warranty Deed
$196,500 · United Bank
Aug 15, 2013
$200,000
Tony C Childers
Fdc Estate Properties LLC
Warranty Deed
$170,000 · Carolina Trust Bank
Feb 8, 2011
—
Fdc Estate Properties LLC
Childers Franklin D
Warranty Deed
—
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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