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Property profile & analytics
OFF-MARKET
Commercial real estate

1964 Old Shelby Rd Hickory, NC 28602

2.84 ac lot
Property ID
US53-4072672
Property summary
AI-generated overview

This exceptional 2.84-acre industrial lot is strategically located off Interstate 40, Exit 121, just one exit west of Highway 321. Situated in Hickory, Catawba County, North Carolina, at 1964 Old Shelby Rd, zip code 28602, this property boasts a prime location less than a mile from Henry Fork River Park and its new soccer complex, promising significant growth potential. The lot is remarkably level and largely cleared, featuring a partially fenced parking area currently under a month-to-month lease with potential for increased revenue. Access is provided by two gated drives. The property is zoned IND, allowing for a wide range of industrial uses. A significant advantage is the recent installation of new water and sewer lines by the Town of Longview. This property presents a unique opportunity for investors and developers seeking a well-situated, versatile industrial land parcel in a rapidly developing area. The existing minimal month-to-month lease provides immediate income potential. The asking price for this exceptional property is $350,000.

Property profile
Verified
Property type Commercial real estate
Lot 2.84 ac (123,710 SF)
UPID US53-4072672
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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