Flex Space with Dock
New
For Sale
Contact for pricing
2311 John Bowman Road, Hickory, NC 28602
A private office, two restrooms, and an on-site shower support varied day-to-day operations.
Property Size1,965 SF
Price / SF$0.31
Days on Market3
Property Features for 2311 John Bowman Road
General Information
Standard status
Active
Size
1,965 SF
Property subtype
Warehouse/Office
Warehouse & Industrial
Dock-High Doors
2
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Property Use
Warehouse
Amenities
Septic Installed
Additional parcels description:, Parcel Number: 370110266177, Assessed Value: $49,800, Zoning: R-1
Concrete
Central Air
Oil
Listing ID: CAR4438995, Standard Status: Active, MLS Status: Active, Property Subtype: Warehouse/Office
2 open parking spaces, Other Parking: Small paved area for parking
Built in 1965, Construction Materials: Block, Concrete
County/Parish: Catawba
2 total bathrooms
Electricity Connected, Water Source: Well
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,965 SF
Year Built
1965
Listing Agency:
Boyd & Hassell Industrial-Commercial
(828) 322-1723
Listed By:
Gavin Mitchell · License #218225
(828) 234-7676
Source:
Blackstreaminternational
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:29PM
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 Boyd & Hassell Industrial-Commercial
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Investment Insights
Based on property information with market context.
This 4,052-square-foot flex facility, built in 1965, includes two dock-height doors and a private office. Two private restroom stalls and an on-site shower round out the interior amenities. Central air conditioning and gas unit heating serve the building, which uses well water and septic systems.
The property is just off Hwy 127 on John Bowman Road in Hickory, North Carolina.
The property is just off Hwy 127 on John Bowman Road in Hickory, North Carolina.
Key Highlights
- 4,052 square feet of flex space
- Two dock‑height doors
- Private office, two private restroom stalls, and an on‑site shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,254
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,080
$425.1K
Cap Rate 7%
$303,629
$303.6K
Cap Rate 9%
$236,156
$236.2K
Market Conditions
NOI Build-Up for 4,052 SF
Gross rent
$32.6K $8.04/SF
− Vacancy
−$2.2K −$0.55/SF
EGI
$30.4K $7.49/SF
− OpEx
−$9.1K −$2.25/SF
NOI
$21.3K $5.25/SF
Area
Catawba County, NC
Vacancy
6.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,080
Cap Rate 7%
$303,629
Cap Rate 9%
$236,156
Alternative Uses
Best Use
Flex RnD
$589.9K
$516.1K – $688.2K
NOI $41,290 @ 7.0% cap · market cap 3,303.20%
Second Best
Warehouse
$368.7K
$322.6K – $430.1K
NOI $25,808 @ 7.0% cap · market cap 2,064.64%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,855 @ 7.0% cap · market cap 6,628.40%
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
2
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28602, NC
29,184
Population
12,941
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
70.7 sq mi
ZIP Area
413
Density / Sq Mi
$56,031
Median Household Income
$36,519
Median Earnings
$830
Median Rent
$180,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A private office, two restrooms, and an on-site shower support varied day-to-day operations.
Where is this flex space located?
The property is located at 2311 John Bowman Road Hickory, NC.
What are key features of this property?
This property features: 4,052 square feet of flex space; Two dock‑height doors; Private office, two private restroom stalls, and an on‑site shower
