Entity Owned Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Loan Service Bank
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Bank Loan Service
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-2 district is intended to establish suitable development standards for the provision of convenience goods, shopper goods and services at locations along major transportation routes that serve both local and pass th…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Hickory, NCThe C-2 district is intended to establish suitable development standards for the provision of convenience goods, shopper goods and services at locations along major transportation routes that serve both local and pass th…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-2 district is intended to establish suitable development standards for the provision of convenience goods, shopper goods and services at locations along major transportation routes that serve both local and pass th…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Hickory, NC.
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