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Property profile & analytics
OFF-MARKET Estimated value $795,000
Office buildings

1011 2nd NE St Hickory, NC 28601

12,000 SF 2.74 ac lot Built 1974
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-1598096
Property summary
AI-generated overview

This exceptional 12,000-square-foot executive office building, located at 1011 2nd Street NE in Hickory, North Carolina, presents a unique investment opportunity. Situated on a 1.21-acre lot, this two-story building boasts classic architecture seamlessly blended with modern functionality. The property is zoned NC and offers a diverse tenant mix, currently including professionals such as accountants and appraisers, demonstrating strong occupancy potential. The building has been meticulously maintained, ensuring a high-quality environment for tenants. Several suites on the second floor are currently available for lease, providing immediate income potential for an investor. The building's prime location in Hickory, Catawba County, (zip code 28601) offers excellent visibility and accessibility. This property represents a rare chance to acquire a well-established, income-producing office building in a thriving North Carolina market. The asking price is $899,000. This is an ideal opportunity for investors seeking a stable and appreciating asset in a desirable location. The building's classic design and modern functionality make it an attractive option for a wide range of businesses. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 12,000 SF
Lot 2.74 ac (119,354 SF)
Zoning code NC
APN 3703-11-75-0114
UPID US53-1598096
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
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k
Owner & transaction history
Fhp Management LLC · 1 yrs held
Fhp Management LLC
since 2025
Last sale
$875,000
4 recorded transactions
2025
$875,000
2024
$2.3M
2009
Price N/A
2009
Price N/A
Zoning & alternative use
NC · Hickory, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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