635 Main AveHickory, NC 28602

  • Office buildings
  • 6,984 SF
For Lease
$6.44/SF/YR View listing

Property Details for 635 Main Ave

Year built
1983
Lot size
0.46 AC
Property size (Sq ft)
6,984 SF
Zone code
C-2
Property type
Office buildings
APN
3702-06-29-9442
APU
370206299442

Description

This exceptional Hickory, NC property at 635 Main Ave SW offers 6,984 square feet of versatile space, combining warehouse and traditional office functionality. Currently, 2,328 square feet are available for lease in a single-tenant configuration. The building, constructed in 1983, features a single story with 12-foot ceilings and one loading dock. Utilities are serviced by Duke Energy. The property boasts convenient access to Main Ave SW and ample parking. Zoned C-5, this location is ideal for a variety of commercial uses. The building is classified as Class C. The property includes water, sewer, and landscaping maintenance for an additional $50 per month to the base rent of $1,250. The Catawba County property (APN 370206299442) presents a unique opportunity for businesses seeking a well-located, functional space in a thriving commercial area. The property's combination of warehouse and office space makes it suitable for a wide range of businesses. The convenient location and ample parking add to its appeal. This is a single-tenant space, offering privacy and control. The 12-foot ceilings provide ample vertical space for storage or equipment. Don't miss this chance to secure your business's future in this prime Hickory location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,631,857
    6.5%
    $1,506,330
    7%
    $1,398,735
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,182,670
    Geo Method
    $1,182,670
  • Alternative Use

    Use
    Valuation
    Residential
    $1,867,849
    Hospitality
    $1,710,939
    Educational
    $1,423,481
    Medical
    $1,472,437
    Retail
    $2,214,304

Location Insight

City
Hickory
County
Catawba
State
North Carolina
Latitude
35.7316
Longitude
-81.3489
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,863
$32,100
$303,300
$335,400
-
$32,100
$303,300
$335,400

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