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    Property profile & analytics
    OFF-MARKET
    Warehouses

    928 Highland NE Ave, Hickory, NC 28601-4056

    4,620 SF 0.29 ac lot Built 1985
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-1294470
    Property summary
    AI-generated overview

    This exceptional commercial property in Hickory, North Carolina, presents a unique investment opportunity. Situated on a substantial 12,632 square foot lot at 928 Highland Avenue NE, zip code 28601, this special purpose property comprises 30 individual mini-warehouses. The property's current occupancy rate is high, with most units already leased, generating a consistent income stream. Its strategic location near Lenoir Rhyne University ensures high demand and a steady flow of potential tenants. This translates to a strong return on investment for the discerning buyer. The property is offered at an asking price of $349,999. Owner financing is available for qualified buyers, subject to terms and conditions. This is an ideal opportunity for investors seeking a stable, income-producing asset in a vibrant and growing area. The property's address is easily accessible and benefits from its proximity to the university and other local amenities. This turnkey operation requires minimal management and offers significant potential for future growth and appreciation. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1985
    Construction WOOD
    Total area 4,620 SF
    Lot 0.29 ac (12,632 SF)
    Zoning code C-2
    APN 3713-17-22-2035
    UPID US53-1294470
    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
    • Giant Jim's Storage Bins Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Eversafe Storage Hickory LLC · 1 yrs held
    Eversafe Storage Hickory LLC
    since 2024
    Last sale
    $370,000
    4 recorded transactions
    2024
    $370,000
    2023
    $169,000
    2023
    $100,000
    1969
    Zoning & alternative use
    C-2 · Hickory, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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