Hickory, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Hickory, Kentucky Market population: 40K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Hickory NC Properties: 0.8500%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Hickory NC
Common questions from investors exploring commercial real estate in Hickory NC.
What is the overall investment potential of Hickory, NC, considering its demographics and economy?
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Hickory, NC, with a population of 40,093 and a median age of 38.4, presents a stable investment market, driven by a median household income of $43,564 and a diverse economy led by manufacturing, retail trade, and health care & social assistance, which together suggest a solid foundation for rental income and property appreciation.
How does the poverty rate and health insurance coverage impact the quality of tenants in Hickory, NC?
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The 15.6% poverty rate combined with an 88.4% health insurance coverage rate in Hickory, NC, indicates a working-class market with a significant portion of the population having access to healthcare, suggesting relatively stable and reliable tenants, which is further supported by the top industries and ethnic diversity.
What role do commute times and public transportation play in the stability of the real estate market in Hickory, NC?
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With an average commute time of 20.4 minutes and a high percentage of residents driving alone, Hickory, NC, offers a convenient and relatively quick commute, which, when combined with a low public transportation usage rate of 0.8%, suggests that residents value the ease of personal vehicle ownership, contributing to a stable and attractive living environment for potential renters and homeowners.
How does the ethnic diversity and top industries in Hickory, NC, influence market demand for real estate?
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The ethnic diversity in Hickory, NC, with top ethnicities being White (79.3%), Black or African American (12.3%), and Asian (2.3%), alongside the dominant industries of manufacturing, retail trade, and health care & social assistance, suggests a culturally rich and economically vibrant community, which can drive demand for housing and commercial properties, especially considering the median property value of $173,400 and the homeownership rate of 58.2%.
What insights can be gained from the income inequality and education levels in Hickory, NC, for real estate investment?
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The GINI coefficient of 0.483 indicates a moderate level of income inequality in Hickory, NC, which, when considered alongside the high school graduation rate of 85.3% and the 23.1% of the population holding a bachelor's degree or higher, suggests a community with a significant educated workforce, potentially leading to increased demand for quality housing and stable rental income, especially in areas with good schools and amenities.
Hickory NC Real Estate & City Facts
Key facts and real estate information about Hickory NC.
What is the overall quality of life in Hickory, NC?
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Hickory, NC, offers a relatively high quality of life, with a low average commute time of 20.4 minutes, a high health insurance coverage rate of 88.4%, and a diverse economy with major industries including manufacturing, retail trade, and health care.
What are the top attractions in Hickory, NC?
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Hickory, NC, has a variety of attractions, including the Hickory Museum of Art, the Catawba Science Center, and the Lake Hickory Trails.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Hickory NC Commercial Property: $43,564
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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