1707 10Th Ave Hickory, NC 28601
- Warehouses
- 13,080 SF
- 0.56 lot acres
Current Use by Public Records
- Advanced Print & Finishing Technologies / Corporate Office
Property Details for 1707 10Th Ave
- Year built
- 1984
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.56 lot acres
- Property size
- 13,080 SF
- Zone code
- C-2
- Property type
- Warehouses
- APN
- 3713-19-62-2252
- APU
- 371319622252
Description
This exceptional commercial property in Hickory, NC, presents a unique investment opportunity. Situated on a 0.56-acre lot, the building boasts approximately 12,000 square feet of space, cleverly divided into two roughly 6,000-square-foot units. Each unit offers warehouse/light manufacturing space and integrated office areas, catering to diverse business needs. The property benefits from convenient access via both 10th Avenue NE and 11th Avenue NE, providing excellent street frontage on each. Loading and unloading are facilitated by strategically placed dock doors and a drive-in 9' x 9' garage door. Ample parking is available for both tenants and customers. The building features approximately 12-foot ceilings throughout and is equipped with a comprehensive sprinkler system, ensuring safety and peace of mind. One unit is currently leased under a long-term agreement
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $265,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $295,000
- Mixed-Use
- $245,000
- Hospitality
- $215,000
- Educational
- $240,000
- Residential Income
- $225,000
- Energy
- $245,000
- Income-Based Land
- $230,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.3043
- Latitude
- 35.7402
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA