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Property profile & analytics
OFF-MARKET
Commercial real estate

1998 Old Shelby Rd Hickory, NC 28602

4.54 ac lot
Entity Owned 1-yr Hold
Property ID
US53-3899942
Property summary
AI-generated overview

This exceptional 4.54-acre commercial and industrial land parcel presents a compelling investment opportunity in Hickory, North Carolina. Strategically located off Interstate 40, Exit 121, this property offers unparalleled access to major transportation routes, placing businesses within easy reach of regional and national markets. Just one exit west from the intersection of Highway 321 and I-40, the site benefits from high visibility and convenient connectivity. The property's proximity to Henry Fork River Park and a new soccer complex adds to its appeal, suggesting potential for synergistic development. Currently zoned IND, this versatile land allows for a wide range of industrial uses. The site has already undergone some preparation, including partial clearing and the commencement of a gravel entrance. The mostly level topography simplifies development plans. Furthermore, the Town of Longview has recently installed new water and sewer lines, ensuring ready access to essential utilities. This combination of prime location, convenient access, existing infrastructure, and flexible zoning makes this 4.54-acre lot an ideal platform for a variety of commercial or industrial ventures. The asking price is $279,000. Don't miss this chance to secure a foothold in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 4.54 ac (197,762 SF)
UPID US53-3899942
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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Comparable Approach Comparable
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Owner & transaction history
Carlson Mcnabb Holdings LLC · 1 yrs held
Carlson Mcnabb Holdings LLC
since 2025
2 recorded transactions
2025
$825,000
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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