1119 2Nd StHickory, NC 28601

Property Details for 1119 2Nd St

Year built

1955

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

4,500 SF

Zone code

NC

Property type

Office buildings

APN

3703-11-75-1433

APU

370311751433

Description

This exceptional 4,500 square foot commercial property, located at 1119 2nd Street in Viewmont, offers a unique blend of retail, office, and warehouse space. Built in 1955, the single-tenant building sits on a 0.14-acre lot and is zoned NC. The property boasts a highly desirable location with excellent visibility and high traffic counts on Highway 127. The flexible layout allows for diverse uses, easily adaptable to a variety of business needs. The space can be divided into three separate areas, each with its own entrance and exit, providing ultimate flexibility for tenants. The interior features ample space suitable for reception areas, offices, conference rooms, a break room/kitchen, and four restrooms. Parking is abundant, with over 12 spaces in the rear and an additional 5 spaces conveniently located at the front entrances on Highway 127. The property is currently vacant and ready for immediate occupancy, presenting a fantastic opportunity for a growing business seeking a prominent location with ample space and parking. The property's APN is 3703117514330000 and is located in Catawba County. This versatile space is perfect for medical offices, warehouse operations, or a combination of both.

• CAP approach

  CAP return

  Valuation

  6%

  $1,051,454

  6.5%

  $970,573

  7%

  $901,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $762,030

  Geo Method

  $762,030

• Alternative Use

  Use

  Valuation

  Residential

  $1,203,511

  Hospitality

  $1,102,409

  Educational

  $917,192

  Medical

  $948,735

  Retail

  $1,426,742

Location Insight

City

Hickory

County

Catawba

State

North Carolina

Latitude

35.7483

Longitude

-81.3353

CBSA code

25860

CBSA name

HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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