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    OFF-MARKET
    Warehouses

    987 9th St NE Dr, Hickory, NC 28601-4063

    3,024 SF 0.08 ac lot Built 1940
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-1596616
    Property summary
    AI-generated overview

    This exceptional property at 987 9th Street Drive NE, Hickory, NC presents a unique investment opportunity. The expansive two-story warehouse boasts 3,024 square feet of usable space, perfect for a variety of commercial or mixed-use ventures. Its prime Hickory location offers excellent accessibility and visibility, making it an ideal spot for businesses seeking a strong presence in the area. A significant advantage is the inclusion of an adjacent lot, adding considerable value and potential for future expansion or development. This presents a rare chance to acquire a substantial property with significant growth potential. The property will be vacant upon closing, allowing for immediate occupancy and customization to suit your specific needs. The sale is conducted on an "as-is" basis, with the closing process managed through a designated attorney. All offers are considered. This is a remarkable opportunity to acquire a large, versatile warehouse in a desirable location, offering both immediate utility and long-term growth prospects. Don't miss this chance to secure a valuable asset in a thriving market. Schedule a viewing to explore the possibilities.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1940
    Construction WOOD
    Total area 3,024 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code IND
    APN 3713-13-23-3190
    UPID US53-1596616
    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
    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
    Ross Pittman Asset Group LLC · 1 yrs held
    Ross Pittman Asset Group LLC
    since 2024
    Last sale
    $62,500
    3 recorded transactions
    2025
    2024
    $62,500
    2006
    Zoning & alternative use
    IND · Hickory, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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