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    Property profile & analytics

    701 1st E St Conover, NC 28613-1746

    • Office buildings
    • 1,717 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US53-0825214
    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

    • Carpenter Realty & Auction Co / Real Estate Agency / Auction House
    • M Alterations / Clothing Alteration Service

    Property Details for 701 1st E St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.59 lot acres
    Property size
    1,717 SF
    Zone code
    B-2
    Property type
    Office buildings
    APN
    3741-06-38-7298
    APU
    374106387298

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $185,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $170,000
      Mixed-Use
      $175,000
      Hospitality
      $165,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $175,000
      Income-Based Land
      $180,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Conover
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2105
    Latitude
    35.7035
    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
    $1,629
    $128,400
    $76,900
    $205,300
    -
    $128,400
    $76,900
    $205,300

    Comparable in this City

    • Value Estimation by Request
      43,815 SF

      630 Reese SW Dr

      OFFICE BUILDING • 43,815 SF
      630 Reese SW Dr, Conover, NC 28613-2932
      View Details
    • Value Estimation
      $565,000
      9,762 SF

      301 10th NW St

      OFFICE BUILDING • 9,762 SF
      301 10th NW St, Conover, NC 28613-2419
      View Details
    • Value Estimation
      $460,000
      12,528 SF

      3314 16th SE Ave

      OFFICE BUILDING • 12,528 SF
      3314 16th SE Ave, Conover, NC 28613-9694
      View Details
    • Value Estimation
      $190,000
      2,500 SF

      113 1st St Wa

      OFFICE BUILDING • 2,500 SF
      113 1st St Wa, Conover, NC 28613-2148
      View Details
    • Value Estimation
      $345,000
      2,192 SF

      103 3rd SE St

      OFFICE BUILDING • 2,192 SF
      103 3rd SE St, Conover, NC 28613-2138
      View Details
    • Value Estimation
      $355,000
      4,528 SF

      1743 Fairgrove Church SE Rd

      OFFICE BUILDING • 4,528 SF
      1743 Fairgrove Church SE Rd, Conover, NC 28613-9605
      View Details

    Similar Nearby for Sale

    • $640,000
      0.47 Acres

      Conover Commercial Building For Sale

      Commercial building in high-traffic area, suitable for professional uses.
      317 1St Street Dr East, Conover, NC 28613
      View Details
    • $325,000
      5,368 SF

      Conover Commercial Space: Prime Location

      Large commercial space, high potential, needs work.
      3451 Graystone Pl, Conover, NC 28613
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    • $699,999
      7.65 Acres

      Conover Commercial Land - 7.65 Acres

      Prime Commercial Land, I-40 Access
      3155 15Th Avenue Blvd, Conover, NC 28613
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Conover, NC

      Level lot in Conover, NC, ready for new construction.
      603 2Nd Street Pl SW, Conover, NC 28613
      View Details
    • $699,000
      11.06 Acres

      Conover, NC Commercial Land Investment

      11 Acres, I-40 Visibility, B-4 Zoning
      1651 Fairgrove Church Rd, Conover, NC 28613
      View Details
    • $275,000
      2.23 Acres

      Conover Development Land - 2.23 Acres

      Prime Conover location, versatile zoning, development-ready.
      111 6Th Ave, Conover, NC 28613
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,306 SF

      Conover Office Space For Rent

      Office space available in Conover, near Highway 16.
      301 10Th Street Pl NW, Conover, NC 28613
      View Details
    • Contact for pricing
      51,587 SF

      Conover, NC Retail Space Available

      Prime Retail Space, I-40 Visibility
      508 10Th St, Conover, NC 28613
      View Details
    • $765 /Mo

      Prime Commercial Land - I-40 Access

      High-visibility land, ideal for lease or development.
      3362 15Th Avenue Blvd, Conover, NC 28613
      View Details
    • Contact for pricing
      127,875 SF

      Conover Warehouse Space Available

      125,165 SF warehouse space in Conover, North Carolina.
      725 Reese Dr SW, Conover, NC 28613
      View Details
    • Contact for pricing
      190,000 SF

      Conover, NC Industrial Campus

      Modern Manufacturing/Warehouse Space Available
      0 Punch Loop Rd, Conover, NC 28613
      View Details
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    701 1st E St
    Conover, NC 28613-1746
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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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