Financial
Distress signals
Property profile

706 Main NW Ave Hickory, NC 28601

OFF-MARKET
Office buildings
Property ID
US53-1374667
11,000 SF 1.27 ac lot Built 1955
Last sale Dec 2023 · $640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a downtown Hickory commercial building with approximately 5,500 square feet of office and retail space and an additional approximately 4,080 square feet of warehouse space. The warehouse area includes double doors and a garage door for vehicular access. The building is zoned C-2, supporting a wide range of potential uses. The structure was remodeled and is configured with six private offices, three bathrooms, a kitchen, a conference room, and flexible flex spaces. The property sits on a 0.59-acre lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$338k
Assessed land$83k
Assessed improvement$255k
Effective rate0.85%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$700k
Submarket $/SF estimate$626k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$57 – $166

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?
C-2
The C-2 district is intended to establish suitable development standards for the provision of convenience goods, shopper goods and servic...
General categoryCOMMERCIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand index
Convenience Store11.2
Daycare Center10.3
Veterinary Clinic9.4

Location

706 Main NW Ave Hickory, NC 28601-6021
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1811 Highland NE, Hickory, NC 28601-4352 $300,000 Mar 2025 17,400 SF
125 1st NE, Hickory, NC 28601 $850,000 Nov 2024 7,280 SF
612 3rd NE, Hickory, NC 28601-5164 $2,825,500 Jan 2024 12,214 SF
361 2nd NW, Hickory, NC 28601-4976 $750,000 Apr 2023 7,872 SF
110 Ctr, Hickory, NC 28601-6294 $1,050,000 May 2022 15,444 SF
352 2nd NW, Hickory, NC 28601-4960 $775,000 Jan 2021 15,050 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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