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    Fairgrove Church Rd Hickory, NC 28613

    Sponsored
    For Sale
    $599,000

    0.57-acre lot, I-40 visibility, city utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.57-acre commercial land parcel presents a remarkable development opportunity. Strategically located directly off Interstate 40 at Exit 128, this property boasts unparalleled visibility and convenient access between Hickory and Conover, North Carolina. Its prime location is further enhanced by its proximity to a La Quinta Inn, ensuring high traffic and exposure for any future development. The property is zoned B-4, offering a range of potential uses. City water and sewer services are readily available, provided by the City of Conover, simplifying infrastructure needs. Existing buildings on the site are unoccupied and are not considered to have any value in the sale

    Property Features for 0 Fairgrove Church Rd

    General Information

    Property type
    Land
    Lot Size
    24,829 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2643065
    Latitude
    35.7221182

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    FAQs

    What type of property is this?
    Land - 0.57-acre lot, I-40 visibility, city utilities.
    Where is this land located?
    The property is located at Fairgrove Church Rd Hickory, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    (828) 322-8022
    Request Owner's contact information
    Fairgrove Church Rd Hickory, NC 28613
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    Hickory, NC 28613
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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
    Fairgrove Church Rd Hickory, NC 28613
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