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Property profile

615 Main SW Ave Hickory, NC 28602

OFF-MARKET
Office buildings
Property ID
US53-1736029
View Sample
1,920 SF 0.43 ac lot Built 1993
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional 1,806 square foot brick office building is ideally situated in downtown Hickory, just blocks from the town square and conveniently located off the city walk. The property boasts four existing offices in the front section, complemented by a shared break or meeting area. A significant advantage is the presence of a loading dock and temperature-controlled storage in the rear of the building. This storage area offers considerable potential for expansion into additional office space and is already plumbed for an extra bathroom. The building is equipped with three-phase power, enhancing its versatility and capacity. Security features include a keypad entry system for the offices and a currently separate security system for the front and back sections, allowing for either independent or combined operation. A convenient buzzer system is installed at the front entrance. Furthermore, data lines are strategically run throughout the offices, providing excellent infrastructure for modern business needs. The 0.43-acre lot provides ample space and the prime location makes this a truly exceptional opportunity to own a building in a highly desirable area of Hickory. This property presents a unique blend of existing office space and significant expansion potential, making it an attractive investment for a variety of business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Construction WOOD
Total area 1,920 SF
Lot 0.43 ac (18,731 SF)
Zoning code C-2
APN 3702-06-39-0440
UPID US53-1736029

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2026
3 recorded transactions
2026
$475,000
2020
Price N/A
2015
$90,000

Zoning & alternative use

C-2 · Hickory, NC
Zoning description

The C-2 district is intended to establish suitable development standards for the provision of convenience goods, shopper goods and services at locations along major transportation routes that serve both local and pass th…

General category COMMERCIAL

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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