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Property profile & analytics
OFF-MARKET Estimated value $1,610,000
Manufacturing properties

243 Performance SE Dr Hickory, NC 28602-4046

38,339 SF 6.4 ac lot Built 1995
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-0721635
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1995
Total area 38,339 SF
Lot 6.4 ac (278,784 SF)
Zoning code IND
APN 3722-06-37-1611
UPID US53-0721635
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
Current use
Occupant on record · Public records
  • Roll-Tech Molding Products, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.61M
Owner & transaction history
Hickory 243 LLC · 7 yrs held
Hickory 243 LLC
since 2019
4 recorded transactions
2019
$1.5M
2014
Price N/A
2010
$1.0M
1969
Price N/A
Zoning & alternative use
IND · Hickory, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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.

Zone name Industrial
General category INDUSTRIAL
Zone area 4,774.62 ac
Source Realmo
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