Technical
Financial
Distress signals
Property profile

3031 Tate SE Blvd Hickory, NC 28602

OFF-MARKET
Assisted living facilities
Property ID
US53-1173389
54,154 SF 5.95 ac lot Built 1967
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Construction WOOD
Total area 54,154 SF
Lot 5.95 ac (259,182 SF)
Zoning code OI
APN 3722-15-54-1632
UPID US53-1173389

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Nursing Home
  • Nursing Home

Location

3031 Tate SE Blvd Hickory, NC 28602-1455
Hickory metro Census 11000 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$830k

Owner & transaction history

since 2016
7 recorded transactions
2025
Price N/A
2019
Price N/A
2016
Price N/A
2014
Price N/A
2006
Price N/A
2005
$3.3M
1969
Price N/A

Zoning & alternative use

OI · Hickory, NC
Zoning description

The OI district is intended to provide locations for the development of institutions of higher learning and medical hospitals within Public or Institutional areas, as identified with the Hickory by Choice Comprehensive P…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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