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    Property profile & analytics

    2117 Us Hwy 70th SE Hickory, NC 28602-5163

    • Residential income homes
    • 2,228 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US53-2349544
    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

    • Hugh's Q / Restaurant

    Property Details for 2117 Us Hwy 70th SE

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    2,228 SF
    Zone code
    C-5
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    2792-11-56-5166
    APU
    279211565166

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $160,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $180,000
      Mixed-Use
      $135,000
      Hospitality
      $175,000
      Educational
      $160,000
      Residential Income
      $155,000
      Energy
      $145,000
      Income-Based Land
      $135,000
      Food Service
      $140,000

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3735
    Latitude
    35.7221
    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
    $1,129
    $16,700
    $110,400
    $127,100
    -
    $16,700
    $110,400
    $127,100

    Comparable in this City

    • Value Estimation by Request
      10,375 SF

      1756 Catawba Vly SE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 10,375 SF
      1756 Catawba Vly SE Blvd, Hickory, NC 28602-4140
      View Details
    • Value Estimation by Request
      14,654 SF

      1050 Zion Church Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 14,654 SF
      1050 Zion Church Rd, Hickory, NC 28602-9100
      View Details
    • Value Estimation
      $3,645,000
      15,600 SF

      2535 Us Hwy 70th Se Ste, Unit 101

      APARTMENT HOUSE (UNDER 5 UNITS) • 15,600 SF
      2535 Us Hwy 70th Se Ste, Hickory, NC 28602-6005
      View Details
    • Value Estimation
      $445,000
      10,000 SF

      655 Lenoir Rhyne SE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 10,000 SF
      655 Lenoir Rhyne SE Blvd, Hickory, NC 28602-4133
      View Details
    • Value Estimation
      $280,000
      8,400 SF

      675 Lenoir Rhyne SE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,400 SF
      675 Lenoir Rhyne SE Blvd, Hickory, NC 28602-4133
      View Details
    • Value Estimation
      $290,000
      14,116 SF

      2980 Nc 127th Hwy

      APARTMENT HOUSE (UNDER 5 UNITS) • 14,116 SF
      2980 Nc 127th Hwy, Hickory, NC 28602-5401
      View Details

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    Similar Nearby for Lease

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    Hickory, NC 28602-5163
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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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