605 1stConover, NC 28613

Off market
$4,809,070 Estimated
  • Turn key restaurants
  • 928 SF

Property Details for 605 1st

Year built
1961
Construction
WOOD
Lot size
0.48 AC
Property size (Sq ft)
928 SF
Zone code
B-2
Property type
Turn key restaurants
APN
3741-06-38-3433
APU
374106383433

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $318,745
    6.5%
    $294,226
    7%
    $273,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $396,012
    Geo Method
    $396,012
  • Alternative Use

    Use
    Valuation
    Residential
    $248,191
    Hospitality
    $227,341
    Educational
    $189,145
    Medical
    $195,650
    Retail
    $294,226
605 1st, Conover, North Carolina

Location Insight

City
Conover
County
Catawba
State
North Carolina
Latitude
35.7039
Longitude
-81.212
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
$1,209
$83,600
$68,700
$152,300
-
$83,600
$68,700
$152,300

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