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    2633 Springs Rd Hickory, NC 28601

    Sponsored
    For Sale
    $999,000

    High-growth area, multiple development parcels.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Hickory, NC property at 2633 Springs Rd NE offers a unique investment opportunity encompassing diverse development potential. Situated in Catawba County, zip code 28601, this strategically located land boasts a total area ranging from 1.13 to 8.16 acres, zoned CC-2 & R-2. The property presents three distinct parcels ideal for various commercial and residential ventures. Two prime outparcels, each approximately 1.13 acres, are available for commercial development, offering excellent visibility and proximity to established businesses like Biscuitville and Dollar General, ensuring high traffic and strong potential for success. These parcels are priced at $535,000 and $550,000 respectively. Additionally, a substantial 8.16-acre parcel is situated at the rear of the property, perfectly suited for residential development, priced at $379,000. This presents a rare chance to capitalize on the growing demand for both commercial and residential spaces in this thriving area. The property's location on Springs Rd provides exceptional frontage and accessibility, making it an attractive proposition for a wide range of developers and investors. This multifaceted offering allows for diverse development strategies, maximizing return on investment. Don't miss this opportunity to acquire a significant piece of prime real estate in a rapidly expanding market.

    Property Features for 2633 Springs Rd

    General Information

    Property type
    Retail properties
    Lot Size
    49,223 SF

    HighLights

    • Parcel 1: 1.14+/- acres, $535,000.
    • Parcel 2: 1.13+/- acres, $550,000.
    • Parcel 3: 8.16+/- acres, $379,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.280201
    Latitude
    35.754892

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    FAQs

    What type of property is this?
    Retail property - High-growth area, multiple development parcels.
    Where is this retail property located?
    The property is located at 2633 Springs Rd Hickory, NC.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Parcel 1: 1.14+/- acres, $535,000.; Parcel 2: 1.13+/- acres, $550,000.; Parcel 3: 8.16+/- acres, $379,000.
    Request Owner's contact information
    2633 Springs Rd Hickory, NC 28601
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    Hickory, NC 28601
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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
    2633 Springs Rd Hickory, NC 28601
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