2902 Springs Rd Hickory, NC 28601
This exceptional commercial property at 2902 & 2906 Springs Road NE, Hickory, NC, presents a unique investment opportunity. Spanning 1,915 square feet on a 0.66-acre lot, this property boasts 168 feet of road frontage in a high-traffic area of Northeast Hickory, ensuring excellent visibility and accessibility for your business. Previously used as a restaurant, the building includes a functional hood system, making it perfectly suited for a food service establishment or a variety of other commercial ventures. Some existing fixtures are included in the sale, with the possibility of negotiating the inclusion of additional items to meet your specific business needs. Ample parking is available on-site, and the sizable lot offers potential for outdoor improvements or expansions to further enhance your business operations. The property's strategic location within Hickory's thriving commercial district guarantees a consistent flow of potential customers, making this a truly valuable asset for any entrepreneur seeking a prime location to establish or expand their business. This is a rare opportunity to secure a well-positioned commercial space in a desirable area of Hickory.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.