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    Eric Engstrom, Morganton, NC

    License ID: 285282
    Whitney Commercial Real Estate
    Association
    Land Of The Sky Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (828) 665-9085
    Office Address:
    1100 Ridgefield Blvd Ste 100, Asheville, NC, 28806

    Performance

    Listings
    9

    Listings

    For Sale (5)

    View map
    • $1,273,500
      8.49 Acres

      Morganton Mixed-Use Development

      8.49 Acres, High-Intensity Zoning
      0 Sanford Dr, Morganton, NC 28655
      View Details
    • $450,000
      0.97 Acres

      Valdese Commercial Land - $450K

      Prime .97-acre corner lot, high visibility.
      540 Main St, Valdese, NC 28690
      View Details
    • $360,000
      3.46 Acres

      Piedmont Road Commercial Land

      Morganton, NC retail development site.
      1164 Piedmont Rd, Morganton, NC 28655
      View Details
    • $215,000
      1.09 Acres

      Morganton Commercial Land

      Prime Retail Land, High Visibility
      0 Fleming Dr, Morganton, NC 28655
      View Details
    • Contact for pricing
      0.75 Acres

      Morganton Commercial Property

      Retail & Industrial Land, Hwy 181
      833 Green St, Morganton, NC 28655
      View Details

    For Lease (4)

    View map
    • Contact for pricing
      60,984 SF

      Morganton Retail Pad - Ground Lease

      High-traffic retail land, build-to-suit options.
      833 Green St, Morganton, NC 28655
      View Details
    • $15 SF/Yr
      5,000 SF

      Morganton Office Space For Lease

      Prime Downtown Morganton Office, 1250-2000 sqft
      200 College St, Morganton, NC 28655
      View Details
    • $0.09 SF/Yr
      37,823 SF

      Morganton Industrial Property

      9-Acre Industrial Site, Flexible Space
      833 Green St, Morganton, NC 28655
      View Details
    • $22 SF/Yr
      3,500 SF

      Downtown Morganton Retail Space

      Prime Restaurant Location, Newly Renovated
      309 Green St, Morganton, NC 28655
      View Details

    Leases and Sales on Map

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    Eric Engstrom, Morganton, NC
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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