Property profile

1270 25th St SE Pl Hickory, NC 28602

OFF-MARKET
Office buildings
Property ID
US53-5033103
17,710 SF 1.09 ac lot Built 1988
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

A 17,777-square-foot office building is located in Hickory, North Carolina, off Exit 126 on McDonald Parkway near I-40, with visibility from I-40. The property is positioned minutes from Route 321 and approximately 20 minutes from I-77, and is about 60 minutes from Charlotte Airport and the city of Charlotte. The building contains multiple office suites totaling a range of approximately 1,120 to 3,700 square feet. One lower-level suite combines warehouse space of about 1,240 square feet with office space of about 2,187 square feet and includes a separate entrance. The facility is configured to support corporate or regional headquarters use.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 17,710 SF
Lot 1.09 ac (47,480 SF)
Zoning code IND
APN 3722-17-00-1656
UPID US53-5033103

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
  • Physician
  • Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center

Location

1270 25th St SE Pl Hickory, NC 28602-9848
Hickory metro Census 11000 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$1.84M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
$1.5M

Zoning & alternative use

IND · Hickory, NC
Zoning description

The IND District is intended to provide locations for the development of land uses generally devoted to manufacturing, processing and assembly, warehousing, distribution and servicing enterprises and office activities co…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.1M +36.6%
Apartment house (5+ units) $1.8M +19.4%

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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