1998 Old Shelby Rd Hickory, NC 28602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.