4092/4070 Hickory Blvd, Granite Falls, NC 28630
Exceptional investment opportunity in Granite Falls, NC, encompassing 13.93 acres of land with two buildings totaling 3,875 square feet. This property boasts a prime location on US-321 (Hickory Boulevard), a major thoroughfare between Hickory and Lenoir, NC, experiencing a daily traffic count of 33,000 vehicles. The property includes three parcels: 08-49-1-1 (1.98 acres with two buildings and a parking lot, featuring 473 feet of US-321 frontage), 08-49-1-2 (2.62 acres, partially wooded, with 591 feet of US-321 frontage), and 08-49-1-24 (9.32 acres of wooded land). The property is currently 100% occupied and zoned H-B. Built in 1985, the single-story buildings offer significant potential for various commercial uses. The land's value is assessed at $251,256.28 per acre. The asking price is $3,500,000. Note that the US-321 widening project is underway; contact the Department of Transportation for details. Appointments are required for property viewings; please do not disturb tenants. Confirm property taxes with the Caldwell County Property Tax office. Aerial views and further details are available upon request.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.