485 Punch LoopConover, NC 28613

  • Office buildings
  • 502,665 SF
Off market
$47,814,165 Estimated

Property Details for 485 Punch Loop

Year built
2021
Construction
WOOD FRAME
Lot size
36.97 AC
Property size (Sq ft)
502,665 SF
Zone code
EM-1-CD
Property type
Office buildings
APN
3732-15-63-7067
APU
373215637067

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $117,450,944
    6.5%
    $108,416,256
    7%
    $100,672,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $85,121,288
    Geo Method
    $85,121,288
  • Alternative Use

    Use
    Valuation
    Residential
    $134,436,160
    Hospitality
    $123,142,800
    Educational
    $102,453,360
    Medical
    $105,976,888
    Retail
    $159,371,904
485 Punch Loop, Conover, North Carolina

Location Insight

City
Conover
County
Catawba
State
North Carolina
Latitude
35.7133
Longitude
-81.2357
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
$329,731
$1,334,000
$40,220,000
$41,554,000
-
$1,334,000
$40,220,000
$41,554,000

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