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    Property profile & analytics

    1716 Us Hwy 70th SE Hickory, NC 28602-5154

    • Strip malls
    • 15,827 SF
    • 1.64 lot acres
    OFF-MARKET
    Value Estimation
    $5,245,000
    Last Sale
    Oct 16, 2023
    $4,600,000
    Location Intelligence
    Property ID
    US53-1665099
    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

    • Mattress Warehouse of Hickory / Mattress Store / Bedroom Furniture Store

    Property Details for 1716 Us Hwy 70th SE

    Year built
    1990
    Lot size
    1.64 lot acres
    Property size
    15,827 SF
    Zone code
    C-3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    3712-18-40-4571
    APU
    371218404571

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,285,000
      6.5%
      $4,790,000
      7%
      $4,480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,310,000
      Geo Method
      $4,250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,345,000
      Retail
      $4,355,000
      Mixed-Use
      $6,005,000
      Hospitality
      $5,350,000
      Educational
      $5,525,000
      Residential Income
      $5,260,000
      Energy
      $4,865,000
      Income-Based Land
      $5,890,000
      Food Service
      $4,630,000

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3093
    Latitude
    35.7078
    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
    2024
    $20,420
    $1,071,600
    $1,320,900
    $2,392,500
    -
    $1,071,600
    $1,320,900
    $2,392,500

    Comparable in this City

    • Value Estimation by Request
      14,058 SF

      2043 Catawba Vly SE Blvd

      SHOPPING CENTER, STRIP CENTER • 14,058 SF
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      View Details
    • Value Estimation by Request
      54,692 SF

      2631 Nc 127th Hwy

      SHOPPING CENTER, STRIP CENTER • 54,692 SF
      2631 Nc 127th Hwy, Hickory, NC 28602-9129
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    • Value Estimation
      $330,000
      8,676 SF

      755 4th SW St

      SHOPPING CENTER, STRIP CENTER • 8,676 SF
      755 4th SW St, Hickory, NC 28602-3402
      View Details
    • Value Estimation by Request
      11,192 SF

      2321 Us Hwy 70th SE

      SHOPPING CENTER, STRIP CENTER • 11,192 SF
      2321 Us Hwy 70th SE, Hickory, NC 28602
      View Details
    • Value Estimation by Request
      58,866 SF

      2920 Nc 127th Hwy

      SHOPPING CENTER, STRIP CENTER • 58,866 SF
      2920 Nc 127th Hwy, Hickory, NC 28602-5401
      View Details
    • Value Estimation
      $1,345,000
      30,718 SF

      3339 1st SW Ave

      SHOPPING CENTER, STRIP CENTER • 30,718 SF
      3339 1st SW Ave, Hickory, NC 28602-1601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,364 SF

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      3 SF

      Retail Property on Highway 70

      Former bank branch on a 2-acre site for sale.
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    Similar Nearby for Lease

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      289,397 SF

      Valley Hills Mall Retail Spaces

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      Hickory, NC Commercial Land Opportunity

      Prime 1-Acre Commercial Lot in Hickory
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      Retail Pad in Hickory, NC

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      165,959 SF

      Hickory Retail Space - Huge Potential

      Massive former Sears, 165,959 SF, 12 acres.
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      View Details
    • $1,850 /Mo
      64,033 SF

      Hickory Flex Space For Rent

      Flex space with storefront, offices, warehouse, and drive-in door.
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      View Details
    • Contact for pricing
      56,150 SF

      Retail Space Available for Lease

      Spacious retail property available for lease in Hickory, North Carolina.
      1155 U.S Hwy 70 Southwest, Hickory, NC 28602
      View Details
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    Hickory, NC 28602-5154
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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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