Retail Showroom with Private
For Sale
Contact for pricing
2315 Catawba Valley Boulevard SE #1, Hickory, NC 28602
Commercial space includes storage, multiple offices, and two restrooms.
Property Size1,999 SF
Price / SF$0.00
Days on Market53
Property Features for 2315 Catawba Valley Boulevard SE #1
General Information
Standard status
Active
Size
1,999 SF
Property subtype
Showroom/Office
Additional Details
Traffic Count
9,400 vehicles/day
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 3711128657930000, Assessed Value: $2.1639e+06, Zoning: C-3
Carpet, Concrete
Central Air, Total
Central
Listing ID: CAR4422787, Standard Status: Active, MLS Status: Active, Property Subtype: Showroom/Office
Other Parking: Shared, paved lot, Assigned, Parking Lot
Built in 1999, Construction Materials: Block
County/Parish: Catawba
Electricity Connected, Water Source: City
All Utilities
Frontage Type: 4 Lane Highway, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Fire Sprinkler System
Building Details
Building Size
1,999 SF
Year Built
1999
Listing Agency:
Boyd & Hassell Industrial-Commercial
(828) 322-1723
Listed By:
Barrett Mitchell · License #NC 267298
(828) 234-5907
Source:
Blackstreaminternational
Added: Sep 8
Changed: Oct 29
Last Checked: Oct 28 at 6:58AM
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.
Built in 1999, this 11,000-square-foot showroom property combines a broad customer-facing area with several private offices, dedicated storage, and two restrooms. The building offers 14' ceilings with 12' clearance, supporting a range of retail, office, and display-oriented configurations.
The property is located at 2315 Catawba Valley Boulevard SE Unit 1 in Hickory, NC, along Catawba Valley Boulevard. Reported traffic counts reach upwards of 9,400 vehicles daily, providing a measurable access and exposure characteristic for the site.
The property is located at 2315 Catawba Valley Boulevard SE Unit 1 in Hickory, NC, along Catawba Valley Boulevard. Reported traffic counts reach upwards of 9,400 vehicles daily, providing a measurable access and exposure characteristic for the site.
Key Highlights
- 11,000 square feet of showroom, office, storage, and restroom space
- 14' ceilings with 12' clearance
- Several private offices and dedicated storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,046
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,920
$2.4M
Cap Rate 7%
$1,714,943
$1.7M
Cap Rate 9%
$1,333,844
$1.3M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$184.8K $16.80/SF
− Vacancy
−$13.3K −$1.21/SF
EGI
$171.5K $15.59/SF
− OpEx
−$51.4K −$4.68/SF
NOI
$120.0K $10.91/SF
Area
Catawba County, NC
Vacancy
7.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,920
Cap Rate 7%
$1,714,943
Cap Rate 9%
$1,333,844
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $120,046 @ 7.0% cap · market cap 857,471.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $224,928 @ 7.0% cap · market cap 1,606,628.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
9,400 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
208k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 27%
Home Improvements & Furnishings 11%
Electronics 2%
Barnes & Noble
Shops & Services
40,181 visits/mo
0.4 miles
Krispy Kreme Doughnuts
Dining
34,724 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
18,837 visits/mo
0.4 miles
Jason's Deli
Dining
13,248 visits/mo
0.4 miles
Panera Bread
Dining
12,096 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Lowe's Home Improvement — 1550 21st St Dr SE E, Hickory, NC 28602
- Hickory Oriental Rug Gallery — 2019 US Hwy 70 SE SE, Hickory, NC 28602
Frequently Asked Questions
What type of property is this?
Showroom - Commercial space includes storage, multiple offices, and two restrooms.
Where is this showroom located?
The property is located at 2315 Catawba Valley Boulevard SE #1 Hickory, NC.
What are key features of this property?
This property features: 11,000 square feet of showroom, office, storage, and restroom space; 14' ceilings with 12' clearance; Several private offices and dedicated storage room
