3351 Hickory Blvd Hudson, NC 28638-9024
- Showrooms
- 22,924 SF
- 2.76 lot acres
Current Use by Public Records
- Tarheel Furniture & Design / Paper Store / Picture Frame Shop
- Misaki Cosmetics / Store
- Furniture Shoppe Inc / Furniture Store
- Tarheel Home Furnishings Inc / Furniture Store
- Sears Appliance Repair / Appliance Repair Service / Air Conditioning Repair Service
Property Details for 3351 Hickory Blvd
- Year built
- 1977
- Construction
- STEEL FRAME
- Lot size
- 2.76 lot acres
- Property size
- 22,924 SF
- Property type
- Showrooms
- APN
- 03 51 1 11
- APU
- 351111
Description
This exceptional 21,600-square-foot retail building presents a rare opportunity on Highway 321 between Lenoir and Hickory, NC. Located on a corner lot at a signalized intersection, this property boasts an attractive and eye-catching facade, ensuring high visibility for your business. The building features two stories, with 10,560 square feet on the upper level offering 10-foot clearance to the roof trusses, and 11,040 square feet on the lower level providing 11'6" clearance. The lower level has been utilized as a batting cage, fitness center, and indoor minigolf. The property has a rich history, previously housing Tarheel Furniture and a Hallmark store, and even earlier, a Sears retail location. The current owners are retiring, making this prime location available approximately May 1, 2024. Recent improvements include a new roof and the replacement of two of five HVAC units. The property is zoned Sawmills H-B and is situated near Mission Road. The annual property taxes are $0.35 per square foot. This is a phenomenal opportunity to establish your business in a high-traffic area with excellent visibility and a spacious, adaptable layout. The building's size and layout offer significant flexibility for a variety of retail uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $995,000
- 7%
- $1,100,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $925,000
- Geo Method
- $985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $920,000
- Mixed-Use
- $875,000
- Hospitality
- $1,045,000
- Educational
- $940,000
- Residential Income
- $1,030,000
- Energy
- $910,000
- Income-Based Land
- $1,085,000
- Food Service
- $980,000
Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.4605
- Latitude
- 35.8348
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA