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Property profile & analytics
OFF-MARKET
Land

21st St Ln Hickory, NC 28602

0.69 ac lot
Property ID
Property summary
AI-generated overview

This 0.69-acre commercial lot in Hickory, North Carolina (APN 371220707096), is ideally situated at Tract 3, 21st St Ln SE, 28602. Boasting excellent visibility from I-40, this corner lot sits directly across from Hobby Lobby's entrance and between McDonald Parkway and Hwy 70. The property is zoned C-3, Regional Commercial District, allowing for a wide variety of retail and service businesses. The gently sloping terrain is easily graded to create a level building site. City utilities, including water, sewer, and natural gas, are readily available at the street. This property is priced below its tax value and a recent appraisal, reflecting the seller's motivation. Further enhancing its potential, preliminary plans with the City of Hickory indicate an extension of 13th Ave Dr SE, running from McDonald Parkway to Lenoir-Rhyne Blvd, directly adjacent to this lot. This planned road extension is expected to significantly increase traffic and visibility in the coming years, making this a compelling investment opportunity. Preliminary survey work for this road extension is currently underway. An additional corner lot is available across the street.

Property profile
Verified
Property type Land
Lot 0.69 ac (30,056 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
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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