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    Property profile & analytics
    OFF-MARKET Estimated value $1,025,000
    Drive through restaurants

    1766 Catawba Vly SE Blvd, Hickory, NC 28602-4140

    3,653 SF 1.16 ac lot Built 2001
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US53-1020689
    Property summary
    AI-generated overview

    This exceptional 6,000-square-foot retail space is ideally situated in Hickory, North Carolina, within Catawba County. Currently vacant and available for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location. The building is a standalone structure, offering excellent street frontage and ample parking. The property is an outparcel to the Hickory Ridge Shopping Center, benefiting from the existing customer traffic and established commercial presence of the center. This location offers significant potential for a variety of retail uses. The space is completely vacant, allowing for complete customization to suit a tenant's specific needs and business requirements. Whether a build-to-suit (BTS) or ground-up (GL) development is desired, this outparcel provides the flexibility to create a truly bespoke retail environment. Interested parties are encouraged to inquire about pricing and lease terms. This property represents a rare opportunity to establish a strong retail presence in a thriving Hickory community. The 6,000 square feet provides ample space for a wide range of retail concepts. The property's location within the Hickory Ridge Shopping Center outparcel ensures high visibility and accessibility for customers. Don't miss this chance to secure a prime retail location in a desirable market.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2001
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,653 SF
    Lot 1.16 ac (50,530 SF)
    Zoning code PD
    APN 3711-06-38-7875
    UPID US53-1020689
    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
    $1.01M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.31M
    Blend (final) Blend
    $1.03M
    Owner & transaction history
    Catawba Valley 1766 LLC · 2 yrs held
    Catawba Valley 1766 LLC
    since 2023
    Last sale
    $975,000
    2 recorded transactions
    2023
    $975,000
    2013
    Zoning & alternative use
    PD · Hickory, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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