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    585 11Th St NW Hickory, NC 28601

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    For Sale
    $2,900,000

    74,356 SF warehouse suitable for distribution and warehousing.

    Property size:
    74,356 SF
    Lot size:
    4.18 Acres

    Property Features for 585 11Th St NW

    General Information

    Size
    74,356 SF
    Lot size
    4.18 Acres

    Source: RE/MAX Executive Agent Scott Mladenik

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hickory Warehouse with Elevator Access

    This warehouse, located one mile north of the intersection of 321 Highway and I-40 Interstate in Hickory, NC, encompasses approximately 74,356 square feet. It features elevator access, making it suitable for distribution and warehousing purposes. The main section covers 22,000 square feet and has climate control. Ceiling heights range from 12' to 18'. The facility is equipped with 5 dock-high loading doors, 1 drive-in door, a wet sprinkler system, LED lighting, and ample parking. Recent improvements have been made to the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Morelux Lighting USA Warehouse Fiber and Yarn Products Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Thornburg & Associates, Inc., Catawba Valley Self Storage, Catawba Self Storage, J & J STORAGE, AAA Mini Storage - Hickory

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3603802
    Latitude
    35.7409096

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    FAQs

    What type of property is this?
    Warehouse - 74,356 SF warehouse suitable for distribution and warehousing.
    Where is this warehouse located?
    The property is located at 585 11Th St NW Hickory, NC.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Located one mile from I-40 and Highway 321; - Approximately 74,356 square feet of space; - Features a **22,000 SF climate-controlled section**
    (708) 609-6923
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    585 11Th St NW Hickory, NC 28601
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    Hickory, NC 28601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    585 11Th St NW Hickory, NC 28601
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