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Financial
Distress signals
Property profile

414 11th SW St 11A Hickory, NC 28602

OFF-MARKET
Garden apartment buildings
Property ID
US53-1887439
6,732 SF 3.75 ac lot Built 2001
Last sale Jun 2025 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 24-unit apartment building, situated at 414 11th St SW in Hickory, NC, presents a compelling investment opportunity. Built in 2001, the property boasts 15,600 square feet on a 3.75-acre lot and offers an attractive unit mix of one-bedroom, one-bathroom apartments, each featuring an exterior balcony. The property's current Net Operating Income (NOI) is $132,423, yielding a 6.97% capitalization rate, with an asking price of $1,900,000 ($79,167 per unit and $121.79 per square…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$1.27M
Assessed land$48k
Assessed improvement$1.22M
Effective rate0.85%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$104/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$50 – $179
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-4
The R-4 zone is the highest density residential zoning district. It is primarily composed of multi family residential development, as wel...
General categoryRESIDENTIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office14.6
Cafe & Coffee Shop9.4
Dry Cleaner8.8

Location

414 11th SW St, Unit 11A Hickory, NC 28602-2665
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
626 19th SW, Hickory, NC 28602 $2,000,000 Mar 2025 6,300 SF
1051 3rd SE, Hickory, NC 28602-3642 $920,000 Nov 2023 4,816 SF
425 8th St SW, Hickory, NC 28602-2719 $550,000 Aug 2022 9,216 SF
722 F SE, Hickory, NC 28602-1144 $318,000 May 2022 8,640 SF
740 5th SW, Hickory, NC 28602-2749 $1,300,000 May 2021 8,320 SF
300 17th SW, Hickory, NC 28602-2338 $320,000 May 2019 7,168 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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