11th Ave Ave Hickory, NC 28602
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.
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
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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.