Property profile

2751 Nc 127th Hwy Hickory, NC 28602

OFF-MARKET
Day care centers
Property ID
US53-1624129
7,620 SF 1.64 ac lot Built 1987
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1987
Construction WOOD
Total area 7,620 SF
Lot 1.64 ac (71,438 SF)
Zoning code OI
APN 2791-16-94-1452
UPID US53-1624129

Cap rate & NOI

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

Location

2751 Nc 127th Hwy Hickory, NC 28602-9130
Hickory metro Census 11101 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$577k
Blend (final) Blend
$860k

Owner & transaction history

since 2023
Last sale
$735,000
2 recorded transactions
2023
$735,000
2018
Price N/A

Zoning & alternative use

OI · Hickory, NC
Zoning description

The OI district is intended to provide locations for the development of institutions of higher learning and medical hospitals within Public or Institutional areas, as identified with the Hickory by Choice Comprehensive P…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $710,000 +56.1%
Retail stores $590,000 +30.3%
Restaurant $515,000 +13.2%

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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