1130 NE 16th St
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1130 NE 16th St
18,050 SF 100% Leased Flex Building Hickory, NC 28601 $1,328,938 ($74/SF) 8% Cap Rate
Investment Highlights
- 1.47+/- acres offering ample room for various business needs.
- 20-foot peak ceiling ideal for large machinery, equipment, or inventory storage.
- Zoned C-2 for diverse commercial uses; built in 1976 with a strong, timeless foundation.
Executive Summary
New roof installed in 2020 and a brand-new fence in 2022, ensuring durability and enhanced security. Features three roll-up doors, including a drive-in pit, for smooth loading and unloading operations.
Property Facts
| Price | $1,328,938 | Building Class | C |
| Price Per SF | $74 | Lot Size | 1.47 AC |
| Sale Type | Investment | Rentable Building Area | 18,050 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Year Built | 1976 |
| Price | $1,328,938 |
| Price Per SF | $74 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | |
| Building Class | C |
| Lot Size | 1.47 AC |
| Rentable Building Area | 18,050 SF |
| No. Stories | 1 |
| Year Built | 1976 |
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PROPERTY TAXES
| Parcel Number | 3713156215770000 | Improvements Assessment | $449,500 |
| Land Assessment | $293,900 | Total Assessment | $743,400 |
PROPERTY TAXES
Parcel Number
3713156215770000
Land Assessment
$293,900
Improvements Assessment
$449,500
Total Assessment
$743,400
zoning
| Zoning Code | C-2 (Commercial) |
| C-2 (Commercial) |
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1130 NE 16th St
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