New search
Property profile & analytics
OFF-MARKET
Manufacturing properties
2235 Ctr St, Hickory, NC 28602-5319
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-2073836
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1919
Construction
WOOD
Total area
15,114 SF
Lot
10.81 ac (470,884 SF)
Zoning code
IND
APN
3701-06-38-3620
UPID
US53-2073836
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
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
J Chance Powell · 1 yrs held
J Chance Powell
since 2025
Last sale
$275,000
6 recorded transactions
Zoning & alternative use
IND · 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
$2,388
Tax year 2023
Assessed value
$299,100
Assessed 2023
Previous assessed
$299,100
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$165,600
Assessed improvement
$133,500
Land market value
$165,600
Improvement market value
$133,500
Total market value
$299,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1919
Construction
WOOD
Heating
NONE
Cooling
NONE
Units
1
Total area
15,114 SF
Lot
10.81 ac (470,884 SF)
Zoning code
IND
APN
3701-06-38-3620
UPID
US53-2073836
Jurisdiction
CATAWBA
Zoning & alternative use
IND · Hickory, NC
Zoning IND · permitted uses
IND · 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
1919
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
1
Lot
10.81 ac
Current owner
From public records · entity-resolved
J Chance Powell
Individual
Free & Clear · 1 yrs held
Mailing address
18 LOCUSTWOOD CT, SILVER SPRING, MD 20905-6420
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
—
Cenox Holdings LLC
—
Deed
related
$883,125 · Pinnacle Bank
Mar 27, 2025
$275,000
J Chance Powell
Trelzo LLC
Special Warranty Deed
—
Dec 23, 2024
$550,000
Trelzo LLC
Emmanuel USA LLC
Warranty Deed
—
Oct 31, 2018
$280,000
Emmanuel USA LLC
Brookford Partners LLC
Warranty Deed
—
Mar 4, 2014
$235,000
Brookford Partners LLC
Shuford Dev INC
Warranty Deed
related
$100,000 · Shuford Dev INC
May 28, 2008
—
Shuford Dev INC
—
Deed Of Trust
related
$79,800,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2235 Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
