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    11th Ave Ave Hickory, NC 28602

    Sponsored
    For Sale
    $121,500

    1.39 Acres, C-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in the thriving Hickory, North Carolina market. Located at the intersection of 11th Street SW and 2nd Avenue SW, this property boasts three distinct road frontages, ensuring maximum visibility and accessibility for any commercial venture. The strategic location offers convenient access to major transportation arteries, including Highway 321 and Interstate 40, both within a five-minute radius, providing seamless connectivity for businesses and their clientele. The property is zoned C-2, opening doors to a wide range of commercial and industrial uses, subject to local regulations. The parcel's size and zoning make it ideal for a variety of development projects, from retail spaces and light industrial facilities to office buildings and other commercial enterprises. The property's prime location and versatile zoning create a compelling investment opportunity with significant potential for future growth and return. The Assessor's Parcel Number (APN) is 3702050980310000. This is a rare chance to acquire a highly visible and strategically located land parcel in a rapidly developing area of Hickory, NC. The asking price is $121,500.

    Property Features for 11th Ave Ave

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • $121,500 asking price.
    • 1.39‑acre commercial/industrial land parcel.
    • C‑2 zoning.
    • Located in Hickory, NC (Catawba County), at 11th St SW & 2nd Ave SW.
    • APN: 3702050980310000.
    • High visibility from three road frontages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3569
    Latitude
    35.7295019

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    FAQs

    What type of property is this?
    Land - 1.39 Acres, C-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 11th Ave Ave Hickory, NC.
    What is the asking price?
    The asking price for this property is $121,500.
    What are key features of this property?
    This property features: $121,500 asking price.; 1.39-acre commercial/industrial land parcel.; C-2 zoning.
    Request Owner's contact information
    11th Ave Ave Hickory, NC 28602
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    Hickory, NC 28602
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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
    11th Ave Ave Hickory, NC 28602
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