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Property profile & analytics
OFF-MARKET
Gas stations

3763 1st SW Ave Hickory, NC 28602-1605

2,592 SF 0.45 ac lot Built 1957
Entity Owned Free & Clear
Property ID
US53-3367867
Property summary
AI-generated overview

This exceptional 0.45-acre property at 3763 1st Avenue SW in Hickory, NC, presents a significant opportunity for automotive entrepreneurs and investors. Currently configured as a service station, the property boasts four spacious service bays, each equipped to handle a variety of automotive services and repairs. The high ceilings, measuring 12 feet, comfortably accommodate most automotive lifts, ensuring efficient workflow. A key advantage is the inclusion of a fenced storage lot at the rear of the building, providing secure space for vehicle storage, inventory, or expansion of operations. This secure area adds significant flexibility and operational efficiency. The property is priced at $175,000 and offers substantial potential for a savvy buyer. While some updating is needed, this presents a unique chance to renovate and customize the space to perfectly align with your business vision. The location in West Hickory/Long View offers excellent visibility and accessibility, making it an ideal spot for a thriving automotive-related business. The existing infrastructure provides a solid foundation for immediate operation, minimizing initial setup costs and allowing for a rapid return on investment. Don't miss this chance to acquire a well-positioned property with significant upside potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1957
Construction WOOD FRAME
Total area 2,592 SF
Lot 0.45 ac (19,602 SF)
Zoning code MIXED USE IN SPEC AREAS
APN 32012
UPID US53-3367867
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
  • Longview Tire & Auto Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BURKE PROPERTIES INC
BURKE PROPERTIES INC
Zoning & alternative use
MIXED USE IN SPEC AREAS · Hickory, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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