Property profile

1311 2nd NE St Hickory, NC 28601

OFF-MARKET
Drive through restaurants
Property ID
US53-2025971
2,577 SF 0.69 ac lot Built 2018
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,577 SF
Lot 0.69 ac (30,056 SF)
Zoning code NC
APN 3703-11-66-8193
UPID US53-2025971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1311 2nd NE St Hickory, NC 28601-2554
Hickory metro Census 10501 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2018
3 recorded transactions
2019
Price N/A
2018
Price N/A
2018
$1,000

Zoning & alternative use

NC · Hickory, NC
Zoning description

Neighborhood centers are intended to provide neighborhood scaled services. Additional standards apply to ensure pedestrian scaled development.

General category COMMERCIAL

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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