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Property profile & analytics
OFF-MARKET
Investment properties
3170 31st Ave NE Ct Hickory, NC 28601
Individually Owned
12-yr Hold
Property ID
US53-3139800
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Construction
WOOD
Total area
7,432 SF
Lot
15.02 ac (654,271 SF)
Zoning code
R-20
APN
3724-15-63-0783
UPID
US53-3139800
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
Current use
Occupant on record · Public records
-
KOOL PARK POOL Swimming Pool Hardware & Home Improvement
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
Clarence R Carpenter · 12 yrs held
Clarence R Carpenter
since 2013
5 recorded transactions
Zoning & alternative use
R-20 · 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
$1,633
Tax year 2023
Assessed value
$212,100
Assessed 2023
Previous assessed
$324,900
-34.7% YoY
Effective rate
0.77%
On assessed value
Assessed land
$117,600
Assessed improvement
$94,500
Land market value
$117,600
Improvement market value
$94,500
Total market value
$212,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Total area
7,432 SF
Lot
15.02 ac (654,271 SF)
Zoning code
R-20
APN
3724-15-63-0783
UPID
US53-3139800
Jurisdiction
CATAWBA
Zoning & alternative use
R-20 · Hickory, NC
Zoning R-20 · permitted uses
R-20 · 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
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
15.02 ac
Current owner
From public records · entity-resolved
Clarence R Carpenter
Individual
Mailing address
PO BOX 2556, HICKORY, NC 28603-2556
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2023
—
Gaylene Billington Carpenter
—
Deed
related
$300,000 · Peoples Bank
Dec 14, 2022
—
Gaylene Billington Carpenter
—
Deed
related
$220,000 · Peoples Bank
May 28, 2021
—
Gaylene Theresa Carpenter
—
Deed
related
$40,000 · Peoples Bank
Nov 19, 2013
—
Clarence R Carpenter
Carpenter,clarence R & Gaylene B
Quit Claim Deed
related
—
—
—
Clarence R Carpenter
—
Deed Of Trust
related
$50,000 · Bank Of Granite
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.
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