Property profile

11th Ave Ave Hickory, NC 28602

OFF-MARKET
Land
1.39 ac lot
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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

Location

11th Ave Ave Hickory, NC 28602
Hickory metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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