243 Performance SE Dr Hickory, NC 28602-4046
This ±38,000 square foot flex industrial space in Hickory, NC, presents a compelling opportunity for businesses seeking efficient and well-appointed facilities. The property comprises two buildings totaling ±33,560 square feet of warehouse space, complemented by approximately ±4,284 square feet of office space. A ±1,250 square foot mezzanine provides additional storage capacity, while a ±2,256 square foot covered canopy offers protection for loading and unloading. Ceiling heights vary from 10 feet in the office to 23-32 feet in the warehouse, accommodating diverse operational needs. The property boasts two loading docks and two drive-in doors, ensuring smooth and efficient material handling. Situated on a 6.4-acre lot, the ample space allows for convenient maneuvering and potential expansion. Built in 1995 and renovated in 2014, this Class C property features a 100% wet sprinkler system and is strategically located near major transportation arteries. Its proximity to the Norfolk Southern Railway (1.8 miles) and Charlotte Douglas International Airport (47.5 miles) provides excellent access to regional and national markets. This well-maintained facility offers a blend of modern amenities and a prime location, making it an ideal choice for businesses seeking to establish or expand their operations in the Hickory area. The property is located at 243 Performance Drive, Hickory, NC 28602, and is conveniently situated near McAdenville Road.
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Roll-Tech Molding Products, LLC Industrial Manufacturer Production Facility
The IND District is intended to provide locations for the development of land uses generally devoted to manufacturing, processing and assembly, warehousing, distribution and servicing enterprises and office activities controlled by performance standards to limit the effect of such uses on uses within the district and on adjacent districts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
IND · Hickory, NCThe IND District is intended to provide locations for the development of land uses generally devoted to manufacturing, processing and assembly, warehousing, distribution and servicing enterprises and office activities controlled by performance standards to limit the effect of such uses on uses within the district and on adjacent districts.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.