1028 22nd St SE

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1028 22nd St SE

Hickory, NC 28602
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property consists of 1.36 acres of commercial land.
  • Located at 1028 22nd St SE in Hickory, North Carolina.
  • This site is suitable for retail or commercial office development.
  • The parcel is situated within an active suburban business market.
  • Positioned with access to the broader Catawba Valley regional economy.

What's Special

Hickory serves as a significant economic hub within the Catawba Valley region of North Carolina, benefiting from its historical ties to manufacturing and a growing focus on industrial development. This 1.36-acre commercial land parcel sits at 1028 22nd St SE, providing a strategic footprint for developers or business owners looking to establish a presence in this active suburban market. The site offers sufficient area for various commercial applications, supporting potential builds such as professional office space, retail centers, or specialized storage facilities. Given its location within the metro area, the property benefits from established infrastructure and access to regional transportation routes that facilitate business logistics. Investors and end-users can leverage this vacant lot to create value in a community known for its steady industrial activity and diverse commercial landscape. The scale of the parcel allows for flexible site planning tailored to specific operational requirements while remaining well-positioned to serve the surrounding population.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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