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Property profile & analytics
OFF-MARKET
Land

2515 Springs Rd Hickory, NC 28601

1.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.1-acre commercial outparcel presents a prime investment opportunity in Hickory, North Carolina. Located at 2515 Springs Road NE, this property boasts a highly desirable location within a major retail corridor, experiencing significant daily traffic volume. The site is zoned CC-1, allowing for a variety of commercial developments. Its size is ideal for a multi-tenant building or a design incorporating a double drive-through, catering to the needs of various businesses. The property's strategic position benefits from the high traffic counts on Springs Road NE (23,000 vehicles per day) and McDonald Parkway (17,500 vehicles per day), resulting in a combined daily traffic count of 41,000 vehicles. This ensures excellent visibility and accessibility for potential tenants. The surrounding area is anchored by established national retailers and restaurants, including Walmart, Walgreens, McDonald's, and Sheetz, all within a half-mile radius, creating a strong and vibrant commercial environment. The asking price for this exceptional property is $1,100,000. This presents a rare chance to acquire a well-situated commercial land parcel in a thriving retail area with significant growth potential. Don't miss this opportunity to secure a valuable asset in a high-demand location.

Property profile
Verified
Property type Land
Lot 1.1 ac (47,916 SF)
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
Current use
Occupant on record · Public records
  • Jeffrey B. Mercer, Pharm Pharmacy
  • Workout Anytime Hickory Gym & Fitness Center
  • Darren Crow Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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