318 Herman SipeConover, NC 28613

  • Office buildings
  • 5,624 SF
Off market

Property Details for 318 Herman Sipe

Year built
2010
Construction
WOOD
Lot size
10.93 AC
Property size (Sq ft)
5,624 SF
Zone code
R-9A
Property type
Office buildings
APN
3732-07-67-2646
APU
373207672646

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,314,084
    6.5%
    $1,213,001
    7%
    $1,126,358
  • Comparable approach

    Method
    Valuation
    Relative Method
    $952,368
    Geo Method
    $952,368
  • Alternative Use

    Use
    Valuation
    Residential
    $1,504,121
    Hospitality
    $1,377,767
    Educational
    $1,146,286
    Medical
    $1,185,708
    Retail
    $1,783,111

Location Insight

City
Conover
County
Catawba
State
North Carolina
Latitude
35.7288
Longitude
-81.2365
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
2022
$506
$85,800
$153,100
$238,900
-
$85,800
$153,100
$238,900

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