928 Highland NE Ave, Hickory, NC 28601-4056
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.
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Giant Jim's Storage Bins Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Hickory, NCHickory. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.