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Financial
Distress signals
Property profile

972 8th NW Ave Hickory, NC 28601

OFF-MARKET
Apartment buildings
Property ID
US53-2186637
7,560 SF 0.45 ac lot Built 1999
Last sale Mar 2024 · $937,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Stonewall Apartments is a multifamily residential property in Hickory, North Carolina, consisting of 8 units on a 0.45-acre lot. The units are two-story, townhome-style layouts with 2 bedrooms and 1.5 bathrooms each, and include in-unit laundry, private exterior storage on the patio, and individual electric utilities. The property is served by city water and sewer, with on-site trash removal via a dumpster and grounds maintenance as part of property operations. The total building living area is approximately 7,504 square feet.

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.

Debts

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?
$5k
Tax billed · 2023
Assessed value$584k
Assessed land$24k
Assessed improvement$560k
Effective rate0.85%

Value estimate

· Oct 2026
$940k
$846k – $1.03M
AI approach$940k
CAP approach$975k
Submarket $/SF estimate$709k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$59 – $240
Qualifying comparables9

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-3
The R-3 zoning district is composed of single family residential development (attached and detached) and two family residences, and small...
General categoryRESIDENTIAL
JurisdictionCATAWBA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office16.4
Hair Salon15.5
Restaurant14.0

Location

972 8th NW Ave Hickory, NC 28601-3420
County assessor Recorded deeds · 3 transfers 9 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1090 17th NW, Hickory, NC 28601 $1,120,000 Mar 2025 7,000 SF
308 8th Ave NW, Hickory, NC 28601-3624 $800,000 May 2023 6,268 SF
1219 4th St NW, Hickory, NC 28601-3646 $500,000 Oct 2022 6,912 SF
321 4th NE, Hickory, NC 28601-5140 $330,000 Sep 2022 6,936 SF
1750 20th Ave NE, Hickory, NC 28601-0556 $50,750,000 Aug 2022 6,144 SF
203 29th NE, Hickory, NC 28601-1369 $970,000 Apr 2022 7,722 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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