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    Property profile & analytics

    201 Main St, Unit 1 Catawba, NC 28609-9061

    • Warehouses
    • 27,046 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    May 13, 2022
    $600,000
    Location Intelligence
    Property ID
    US53-0583444
    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

    • Warehouses

    Property Details for 201 Main St

    Year built
    1949
    Construction
    WOOD
    Lot size
    0.53 lot acres
    Property size
    27,046 SF
    Zone code
    M-I
    Property type
    Warehouses
    APN
    3781-06-39-6632
    APU
    378106396632

    Description

    This exceptional 2,500 square foot office building, located at 201 N Main Street in Catawba, North Carolina, presents a unique investment opportunity. Built in 1949, this two-story building sits on a 0.53-acre lot and is zoned M-1. The property features a single-tenant occupancy in a high-growth area of downtown Catawba, offering convenient access to I-40. The building's traditional office layout provides ample space for a variety of businesses. The property's address is 201 N Main St, Catawba, NC 28609, and its APN is 378106396632. This is a single-building property with a storefront subtype, ideal for a business seeking a prominent location in a thriving community. The property's location within the Catawba submarket, part of the Hickory, Newton, Sherrills Ford cluster, offers excellent visibility and accessibility. The total building square footage is 2,500 square feet. This presents a rare chance to acquire a well-situated commercial property in a rapidly developing area. The property's history and location combine to create a strong foundation for future growth and profitability. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $720,000
      6.5%
      $745,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $775,000
      Mixed-Use
      $615,000
      Hospitality
      $725,000
      Educational
      $715,000
      Residential Income
      $740,000
      Energy
      $600,000
      Income-Based Land
      $630,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Catawba
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.0764
    Latitude
    35.7096
    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
    $4,111
    $26,100
    $223,800
    $249,900
    -
    $26,100
    $223,800
    $249,900

    Comparable in this City

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      5751 Hudson Chapel Rd

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      2060 Mathis Church Rd

      WAREHOUSE, STORAGE • 7,200 SF
      2060 Mathis Church Rd, Catawba, NC 28609
      View Details
    • Value Estimation
      $405,000
      4,414 SF

      5099 Nc 10th Hwy

      WAREHOUSE, STORAGE • 4,414 SF
      5099 Nc 10th Hwy, Catawba, NC 28609
      View Details

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    Catawba, NC 28609-9061
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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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