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OFF-MARKET
Specialty properties

1241 None Hickory, NC 28601

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Property summary
AI-generated overview

This exceptional 1-acre commercial parcel, located at 1241 US Highway 321 NW in Hickory, North Carolina, presents a unique investment opportunity. Boasting 277 feet of highway frontage on a highly trafficked route (over 35,000 vehicles daily, per NCDOT estimates), this cleared and graded lot is ready for immediate development. Its prime location at the base of Hickory's Aviation Walkway portion of the City Walk and near the Hickory Crawdads Stadium places it within a thriving business community, surrounded by numerous franchises. The property's convenient access to Highway 70 and Interstate 40 further enhances its appeal. The seller assures that the planned expansion of Highway 321 will not diminish the parcel's size. This exceptional site, with its high visibility and accessibility, is ideal for a variety of commercial ventures, including restaurants and other businesses. The lot size is 43,124 square feet, and the asking price is $499,900. The property is also listed as Land, MLS 4177560. This is a rare opportunity to acquire a ready-to-build site in a high-growth area of Hickory.

Property profile
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Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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