Property profile

1998 Old Shelby Rd Hickory, NC 28602

FOR SALE
Land
Property ID
US53-3899942
4.54 ac lot
Entity Owned 1-yr Hold
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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 Land
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

Location

1998 Old Shelby Rd Hickory, NC 28602
Hickory metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$825,000
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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