1511 29th Ave NE Dr Hickory, NC 28601-7324
Property profile & analytics
1511 29th Ave NE Dr Hickory, NC 28601-7324
- Retail space
- 8,009 SF
- 1.23 lot acres
Property ID
US53-1621955
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Marco's Pizza / Restaurant
Property Details for 1511 29th Ave NE Dr
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 1.23 lot acres
- Property size
- 8,009 SF
- Zone code
- NC
- Property type
- Retail space
- APN
- 3714-19-61-3658
- APU
- 371419613658
Description
This exceptional retail property, located at 1511 29th Ave NE in Hickory, North Carolina, presents a significant leasing opportunity. The building encompasses a total of 8,023 square feet, with a substantial 6,623 square feet currently vacant and ready for immediate occupancy. The property's classification includes both storefront and strip center subtypes, making it suitable for a diverse range of retail businesses. Situated on a 1.28-acre lot, the property boasts ample parking, ensuring convenient access for customers and employees. Its prime location along 29th Ave NE provides excellent visibility and accessibility, contributing to strong potential for foot traffic and business growth. The building features a modern design and a versatile layout, adaptable to various tenant needs. The contemporary facade and spacious floor plan create an attractive and welcoming environment. Professionally maintained facilities and a well-kept exterior enhance the overall appeal of the property. This location offers a combination of convenience, accessibility, and high visibility within the thriving Hickory, NC market (zip code 28601). The property is a multi-tenant building. Don't miss this chance to establish your business in this desirable and highly visible location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,455,000
- 6.5%
- $1,345,000
- 7%
- $1,250,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,427,000
- AI Estimate
- $928,000
Market price range: $357k - $1.54MMarket price range: $272k - $995k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $945,000 Current use
- RESTAURANT
- $1,835,000 Change: +95% Conversion: Easy
- MEDICAL BUILDING
- $1,520,000 Change: +61% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $950,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $925,000 Change: -2% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $850,000 Change: -10% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $790,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.3047
- Latitude
- 35.7661
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,687
$321,500
$579,100
$900,600
-
$321,500
$579,100
$900,600
