Property profile

2261 Us Hwy 70th SE Hickory, NC 28602

OFF-MARKET
Drive through restaurants
Property ID
US53-4038654
8,618 SF 1.25 ac lot Built 1993
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Total area 8,618 SF
Lot 1.25 ac (54,450 SF)
Zoning code C-3
APN 3711-08-88-6707
UPID US53-4038654

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

2261 Us Hwy 70th SE Hickory, NC 28602-5165
Hickory metro Census 11000 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$735k
Blend (final) Blend
$570k

Owner & transaction history

Zoning & alternative use

C-3 · Hickory, NC
Zoning description

The C-3 district is intended to provide a full range of retail and service business that serves both local and regional markets. Generally, regional business is focused on I-40, U.S. 70, and U.S. 321 because it provides…

General category COMMERCIAL

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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