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    1926 24Th St Hickory, NC 28601

    Sponsored
    For Sale
    $850,000

    Prime commercial land, ideal location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.22-acre commercial land parcel presents a remarkable investment opportunity in Hickory, North Carolina. Located at 1926 24th St NE, this property boasts a highly desirable location on McDonald Parkway, just off Springs Road NW, and sits adjacent to a Walgreens. The site offers excellent visibility and accessibility for businesses catering to Hickory residents and commuters from Conover and surrounding areas. The property is zoned PD-SC (C), allowing for a variety of commercial development possibilities. The lot features a level to slightly wooded topography and significant street frontage, totaling approximately 315.55 feet along McDonald Parkway and approximately 25,000 square feet along Springs Road NW. The high daily traffic counts on McDonald Parkway (16,000+ vehicles) and Springs Road NW (25,000+ vehicles) provide exceptional exposure for any commercial venture. The asking price for this strategically located property is $850,000. This presents a unique chance to acquire a prime commercial site in a thriving area with significant growth potential. The property's size, location, and zoning make it an attractive option for a wide range of commercial uses. Don't miss this opportunity to secure a valuable asset in a rapidly developing market.

    Property Features for 1926 24Th St

    General Information

    Property type
    Land
    Lot Size
    96,703 SF

    HighLights

    • Level topography with wooded areas.
    • 315.55 +/- feet of street frontage.
    • 16,000 +/- SF of frontage on McDonald Parkway and 25,000 +/- SF on Springs Road NW.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.286737
    Latitude
    35.754001

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    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal location, high traffic.
    Where is this land located?
    The property is located at 1926 24Th St Hickory, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Level topography with wooded areas.; 315.55 +/- feet of street frontage.; 16,000 +/- SF of frontage on McDonald Parkway and 25,000 +/- SF on Springs Road NW.
    (828) 322-8022
    Request Owner's contact information
    1926 24Th St 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
    1926 24Th St Hickory, NC 28601
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