1856 12th NE Ave Hickory, NC 28601-3179
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.
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BB&T Insurance Services Insurance Agency
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BB&T Mortgage Loan Service Bank
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Truist Bank Loan Service
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BB&T ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Hickory, NCHickory. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.