4246 Henry River RdHickory, NC 28602

Property Details for 4246 Henry River Rd

Lot size

42.92 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 42.917-acre property in Hickory, NC (28602), located at 4246 Henry River Rd, presents a unique investment opportunity. Situated just one mile south of I-40 exit 119, this land boasts convenient access and high visibility. The property comprises two parcels on the west side of Henry River Road within the enchanting Henry River Mill Village Historic District, listed on the National Register of Historic Places in 2019. The site features several charming, though abandoned, homes ripe for renovation, appealing to both restoration enthusiasts and developers. The property's rich history includes its role as the filming location for District 12 in the Hunger Games movie. The Henry Fork River borders the land on three sides, offering exceptional natural beauty and potential for recreational development. The property's location along the projected path of the North Carolina Wilderness Gateway Trail presents further development opportunities, such as a kayak outfitter, campsites, or a gift shop. Currently generating over $70,000 in annual revenue from admissions, gift shop sales, and Airbnb rentals, this property offers significant income potential. The property includes mature hardwood trees, natural creeks and springs, and abundant wildlife. With easy interstate access and high daily traffic counts on I-40, this property is poised for significant growth and return on investment. The sale is a fee simple ownership and is priced at $800,000, or approximately $18,640 per acre. Potential tax credits (state and federal) of up to 40% are available.

Location Insight

City

Hickory

County

Burke

State

North Carolina

Latitude

35.6976

Longitude

-81.4297

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