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Property profile & analytics
OFF-MARKET
Land

11th Ave Ave Hickory, NC 28602

1.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in the thriving Hickory, North Carolina market. Located at the intersection of 11th Street SW and 2nd Avenue SW, this property boasts three distinct road frontages, ensuring maximum visibility and accessibility for any commercial venture. The strategic location offers convenient access to major transportation arteries, including Highway 321 and Interstate 40, both within a five-minute radius, providing seamless connectivity for businesses and their clientele. The property is zoned C-2, opening doors to a wide range of commercial and industrial uses, subject to local regulations. The parcel's size and zoning make it ideal for a variety of development projects, from retail spaces and light industrial facilities to office buildings and other commercial enterprises. The property's prime location and versatile zoning create a compelling investment opportunity with significant potential for future growth and return. The Assessor's Parcel Number (APN) is 3702050980310000. This is a rare chance to acquire a highly visible and strategically located land parcel in a rapidly developing area of Hickory, NC. The asking price is $121,500.

Property profile
Verified
Property type Land
Lot 1.39 ac (60,548 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
AI Approach AI
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CAP Approach CAP
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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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