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4255 Henry River Rd Hickory, NC 28602

Mixed-use properties Google Maps
28.87 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US53-3003106

Property summary

AI-generated overview

This unique 28.87-acre property in Hickory, NC, boasts a rich history as the filming location for "The Hunger Games." The property includes a fully renovated Airbnb generating over $20,000 annually, plus 19 historic mill houses (built in 1905), a 6,000 sq ft company store, and numerous outbuildings. Currently operating as a historic site with annual revenues exceeding $50,000 from admissions and gift shop sales, this property offers significant redevelopment potential. Its prime location, less than a mile from I-40 exit 119, ensures high visibility and accessibility. The property's inclusion in the National Register of Historic Places opens doors to substantial state and federal tax credits (up to 40%). The Henry Fork River borders the property on three sides, presenting opportunities for outdoor recreation businesses, aligning perfectly with the planned North Carolina Wilderness Gateway Trail. This investment opportunity combines historical significance, proven revenue streams, and exceptional development potential, making it a truly unique offering. The property also benefits from its prominent placement on TripAdvisor as one of Hickory's top attractions and has been featured on several television shows. Five books have been written about the property, four of which are currently available on Amazon.

Property profile

Verified
Property type Mixed-use properties
Lot 28.87 ac (1,257,577 SF)
UPID US53-3003106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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