Technical
Financial
Distress signals
Property profile

3064 Hickory Blvd Hudson, NC 28638

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2322422
47,356 SF 10.4 ac lot Built 1987
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,200 square foot retail storefront is available for sale in the thriving Hudson Crossing shopping center, located in Hudson, North Carolina. Situated on a 0.8-acre lot at the highly visible intersection of Hickory Boulevard (Highway 321) and Pine Mountain Road, this property offers unparalleled visibility and accessibility. The space is currently vacant and presents a unique opportunity for a variety of retail uses. Hudson Crossing is a well-established neighborhood shopping center anchored by major tenants including Food Lion and Farmers Home Furniture, ensuring a consistent flow of customers. Additional co-tenants such as Goodwill further enhance the shopping center's appeal and draw. This outparcel is pre-approved for approximately 7,200 square feet, allowing for either lease or build-to-suit options, providing flexibility for potential buyers. The property's location in Caldwell County, with a 28638 zip code, offers easy access to a substantial customer base. This is an ideal opportunity to establish a successful retail business in a high-traffic, well-established shopping center. The property is classified as both a storefront and shopping center, offering versatility and potential for various retail concepts. Don't miss this chance to own a prime retail space in a thriving community.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,356 SF
Lot 10.4 ac (453,024 SF)
APN 03 91 1 11
UPID US53-2322422

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
  • Furniture & Home Goods Home Decor Store

Location

3064 Hickory Blvd Hudson, NC 28638-2659
Hudson metro Census 30600 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.43M
Blend (final) Blend
$4.24M

Owner & transaction history

since 2018
1 recorded transaction
2018
$3.8M

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $5.6M +70.3%
Office building $4.9M +49.9%
Restaurant $4.0M +22.9%

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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