Catawba County, Hickory, NC 28602

Vacant Off-Market Development Opportunity | Hickory, NC County: Catawba County, NC Lot Size: 0.52 Acres Zoning: R-4 zoning- allows single-family, duplexes, triplexes, quadplexes, townhomes, and multifamily (up to 10 units) Assignment Price: $150,000 Development Highlights: -Confirmed by the municipality- parcel can be SUBDIVIDED INTO 3 SEPARATE LOTS, EACH ALLOWING A DUPLEX OR SINGLE-FAMILY HOME -Huge demand for new duplex construction in Hickory selling for roughly $430k (see comps) -Strong demand for new townhome developments- 6 unit townhomes selling for ~$1.4M. -Cleared lot -City water available (confirmed) -City sewer available (confirmed) -Electric available (confirmed) -Not located in a flood zone Comparable Sales: 119 3rd Ave SE, Hickory, NC 28602 -Sold for $429,000 -New construction duplex -2,666 SF -Sold 2/24/2026 -1.0 miles away 119 8th Avenue Dr SE #5, Hickory, NC 28602 -Sold for $425,000 -New construction duplex -2,666 SF -Sold 5/29/2026 -0.7 miles away 424-426 2nd St SW, Hickory, NC 28602 -Sold for $425,000 -New construction duplex -2,666 SF -Sold 6/10/2026 -1.3 miles away 2280 15th Ave NE, Hickory, NC 28601 -Sold for $1,422,000 -New construction 6-unit townhome building -7,836 SF (1,306 SF per unit) -Sold 11/19/2025 -3.9 miles away Buyer to Verify: All zoning, subdivision potential, utility availability, permitting requirements, and development feasibility. Contact Marvin at [contact details hidden] or feel free to text at [contact details hidden].