1766 Catawba Valley BlvdHickory, NC 28602

Property Details for 1766 Catawba Valley Blvd

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.16 AC

Property size (Sq ft)

3,653 SF

Zone code

PD

Property type

Retail properties

Property subtype

Drive through restaurants

APN

3711-06-38-7875

APU

371106387875

Description

This exceptional 6,000-square-foot retail space is ideally situated in Hickory, North Carolina, within Catawba County. Currently vacant and available for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location. The building is a standalone structure, offering excellent street frontage and ample parking. The property is an outparcel to the Hickory Ridge Shopping Center, benefiting from the existing customer traffic and established commercial presence of the center. This location offers significant potential for a variety of retail uses. The space is completely vacant, allowing for complete customization to suit a tenant's specific needs and business requirements. Whether a build-to-suit (BTS) or ground-up (GL) development is desired, this outparcel provides the flexibility to create a truly bespoke retail environment. Interested parties are encouraged to inquire about pricing and lease terms. This property represents a rare opportunity to establish a strong retail presence in a thriving Hickory community. The 6,000 square feet provides ample space for a wide range of retail concepts. The property's location within the Hickory Ridge Shopping Center outparcel ensures high visibility and accessibility for customers. Don't miss this chance to secure a prime retail location in a desirable market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,254,714

  6.5%

  $1,158,198

  7%

  $1,075,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,558,870

  Geo Method

  $1,558,870

• Alternative Use

  Use

  Valuation

  Residential

  $976,983

  Hospitality

  $894,911

  Educational

  $744,556

  Medical

  $770,162

  Retail

  $1,158,198

Location Insight

City

Hickory

County

Catawba

State

North Carolina

Latitude

35.7032

Longitude

-81.3116

CBSA code

25860

CBSA name

HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].