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Property profile & analytics

1856 12Th Ave Hickory, NC 28601

  • Banks
  • 4,544 SF
  • 0.78 lot acres
Value Estimation
$155,000
Last Sale
Jul 28, 2022
$180,000
Location Intelligence
Property ID
US53-2105838
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.

Current Use by Public Records

  • BB&T Insurance Services / Insurance Agency
  • BB&T Mortgage / Mortgage Lender / Mortgage Broker
  • Truist / Mortgage Lender / Loan Agency
  • BB&T ATM / Atm

Property Details for 1856 12Th Ave

Year built
1965
Lot size
0.78 lot acres
Property size
4,544 SF
Zone code
C-2
Property type
Banks
APN
3713-15-73-0074
APU
371315730074

Description

This exceptional 4,630-square-foot commercial property in Hickory, NC, presents a unique investment opportunity. Located on a prominent 0.89-acre corner lot at 1856 12th Ave NE, this single-story, 1965-built building boasts a prime location across from several national retailers including AutoZone, Advance Auto Parts, Bojangles, KFC, Wendy's, Little Caesar's, and Wells Fargo Bank. The property features a former bank branch layout with an attached four-lane drive-thru and ample parking (22 spaces). The building is situated in a high-traffic area with an average annual daily traffic count of 16,700 vehicles, ensuring excellent visibility and accessibility. The C-2 zoning allows for a wide range of commercial uses, including general commercial, office, retail, and medical clinics. The property's rectangular shape and existing infrastructure offer flexibility for renovation or build-to-suit options. Annual property taxes are $1.64 per square foot. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area. The property is currently vacant, offering immediate occupancy. The building is constructed of brick. No elevators are present.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $170,000
  • CAP approach

    CAP return
    Estimation
    6%
    $145,000
    6.5%
    $135,000
    7%
    $150,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $125,000
    Geo Method
    $135,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $125,000
    Retail
    $130,000
    Mixed-Use
    $120,000
    Hospitality
    $155,000
    Educational
    $135,000
    Residential Income
    $140,000
    Energy
    $135,000
    Income-Based Land
    $160,000
    Food Service
    $145,000

Location Insight

  • Map
  • Local Demand
City
Hickory
County
Catawba
State
North Carolina
Longitude
-81.3016
Latitude
35.7424
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
$7,627
$220,900
$672,700
$893,600
-
$220,900
$672,700
$893,600
More about this property
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