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Property profile & analytics
OFF-MARKET
Commercial real estate

2902 Springs Rd Hickory, NC 28601

1,915 SF 0.66 ac lot Built 1978
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1978
Total area 1,915 SF
Lot 0.66 ac (28,750 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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