3362 15Th Avenue BlvdConover, NC 28613

Property Details for 3362 15Th Avenue Blvd

Year built

1985

Construction

WOOD FRAME

Lot size

0.98 AC

Property size (Sq ft)

3,219 SF

Zone code

C-3

Property type

Parking lots & garages

APN

3721-08-87-1775

APU

372108871775

Description

This 0.98-acre commercial lot, located at 3362 15th Ave. Blvd SE, offers exceptional visibility and accessibility. Its strategic location directly off I-40 at exit 128, between Hickory and Conover, ensures high traffic exposure. The property is zoned C-3, providing flexibility for a wide range of commercial uses. The flat, buildable site presents an excellent opportunity for businesses needing a parking area, laydown yard, or staging area. The owner is open to leasing the property while it's for sale, presenting a unique dual opportunity. This location benefits from substantial growth and numerous supporting businesses in the surrounding area, making it an attractive investment with significant potential for appreciation. The property's APN is 372108871775. This is a single-tenant property, presenting a straightforward ownership and management structure. Don't miss this chance to secure a prime commercial location in a rapidly developing area. Act quickly, as property values are expected to rise in this high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,105,646

  6.5%

  $1,020,596

  7%

  $947,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,373,666

  Geo Method

  $1,373,666

• Alternative Use

  Use

  Valuation

  Residential

  $860,911

  Hospitality

  $788,590

  Educational

  $656,098

  Medical

  $678,662

  Retail

  $1,020,596

Location Insight

City

Conover

County

Catawba

State

North Carolina

Latitude

35.7011

Longitude

-81.2629

CBSA code

25860

CBSA name

HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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