Warehouse with Dock
New
For Sale
Contact for pricing
1215 15th Street Drive NE, Hickory, NC 28601
The building combines conditioned warehouse space with dedicated offices and employee amenities.
Property Size1,978 SF
Price / SF$0.61
Days on Market4
Property Features for 1215 15th Street Drive NE
General Information
Standard status
Active
Size
1,978 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
7
Drive-In Doors
1
Heavy Power
Yes
Sprinkler System
Yes
Conditioned Warehouse
Yes
Additional Details
Fenced Yard
Yes
Amenities
Private Offices
Client Reception
Employee Break Room
Conference Room
Level
Full
Public Sewer
Additional parcels description:, Parcel Number: 3713155397860000, Assessed Value: $857,600, Zoning: IND
Concrete
Total
Natural Gas
Listing ID: CAR4435337, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, 1 day on market
30 total parking spaces, Other Parking: 30 market parking spaces, plus gravel lay down yard.
Built in 1978, Living area: 21000, 1 building, Construction Materials: Brick Partial, Metal
County/Parish: Catawba
Cable Connected, Electricity Connected, Natural Gas, Water Source: City
All Utilities
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Ramp(s)-Main Level
Building Details
Building Size
1,978 SF
Year Built
1978
Construction
masonry
Listing Agency:
Realty Executives of Hickory
(828) 328-8900
Listed By:
Ian Murphy
(919) 800-9117
Source:
Blackstreaminternational
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives of Hickory
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Investment Insights
Based on property information with market context.
This 21,000-square-foot masonry warehouse, built in 1978, has 16-foot clear height, full climate conditioning, sprinkler protection, heavy power, and bright interior lighting. The fenced property includes seven dock doors and one drive-in door. Its office area has 10 private offices, a reception area, a conference room, and an employee break room.
Key Highlights
- 21,000‑square‑foot masonry warehouse
- 16‑foot clear height with full conditioning and sprinkler protection
- Seven dock doors and one drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,755
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,100
$2.7M
Cap Rate 7%
$1,910,786
$1.9M
Cap Rate 9%
$1,486,167
$1.5M
Market Conditions
NOI Build-Up for 21,000 SF
Gross rent
$168.8K $8.04/SF
− Vacancy
−$11.5K −$0.55/SF
EGI
$157.4K $7.49/SF
− OpEx
−$23.6K −$1.12/SF
NOI
$133.8K $6.37/SF
Area
Catawba County, NC
Vacancy
6.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,100
Cap Rate 7%
$1,910,786
Cap Rate 9%
$1,486,167
Alternative Uses
Best Use
Warehouse
$1.91M
$1.67M – $2.23M
NOI $133,755 @ 7.0% cap · market cap 1,042.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.13M
$5.37M – $7.16M
NOI $429,408 @ 7.0% cap · market cap 3,346.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
16 ft
Clear height
7
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28601, NC
53,973
Population
23,400
Households
2.3
Avg Household Size
42
Median Age
35%
College-Educated
90%
High-School Grad
47.1 sq mi
ZIP Area
1,146
Density / Sq Mi
$67,839
Median Household Income
$41,697
Median Earnings
$951
Median Rent
$236,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Giant Jim's Storage Bins — 928 Highland Ave NE, Hickory, NC 28601
- Extra Space Storage — 1108 18th St NE, Hickory, NC 28601
- Family First Professional Movers — 1557 16th ave ne, hickory, nc 28601
Frequently Asked Questions
What type of property is this?
Warehouse - The building combines conditioned warehouse space with dedicated offices and employee amenities.
Where is this warehouse located?
The property is located at 1215 15th Street Drive NE Hickory, NC.
What are key features of this property?
This property features: 21,000‑square‑foot masonry warehouse; 16‑foot clear height with full conditioning and sprinkler protection; Seven dock doors and one drive‑in door
