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    306 11Th Ave Hickory, NC 28601

    Sponsored
    For Sale
    $249,000

    0.6-acre lot, prime Hickory location. IO Zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in the thriving Hickory, North Carolina market. Located at 306 11th Ave NE, this flat lot boasts convenient frontage on both 11th Ave NE and 3rd St NE, offering excellent visibility and accessibility. Previously utilized as overflow parking for a nearby medical facility, this property is now available for purchase and presents a multitude of development possibilities. The property's IO zoning designation allows for the construction of an office building, making it ideal for a variety of commercial ventures. Situated in a desirable area of Hickory, the lot is nestled between established businesses, including Hamilton and Herring Orthodontics and Café Rule, ensuring high foot traffic and a strong commercial presence. The 28601 zip code offers easy access to major transportation routes and amenities, further enhancing the property's appeal. With its prime location, flexible zoning, and ample space, this 0.6-acre lot represents a compelling investment opportunity for developers and entrepreneurs seeking a strategic foothold in the heart of Hickory. The asking price is $249,000. Catawba County location.

    Property Features for 306 11Th Ave

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • 0.6‑acre commercial lot in Hickory, NC, priced at $249,000.
    • Located at 306 11th Ave NE, with frontage on 11th Ave NE and 3rd St NE.
    • IO zoning allows for office building construction.
    • Situated near established businesses, offering high visibility and foot traffic.
    • Convenient access to major transportation routes and amenities in the 28601 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3329739
    Latitude
    35.747401

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    FAQs

    What type of property is this?
    Land - 0.6-acre lot, prime Hickory location. IO Zoning.
    Where is this land located?
    The property is located at 306 11Th Ave Hickory, NC.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: 0.6-acre commercial lot in Hickory, NC, priced at $249,000.; Located at 306 11th Ave NE, with frontage on 11th Ave NE and 3rd St NE.; IO zoning allows for office building construction.
    (828) 322-8022
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    306 11Th Ave 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
    306 11Th Ave Hickory, NC 28601
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