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Financial
Distress signals
Property profile

100 Queen St Morganton, NC 28655

OFF-MARKET
Retail space
Property ID
US53-3134200
4,480 SF 0.05 ac lot Built 1928
Last sale May 2019 · $255,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 100 Queen Street in Morganton is a 1928 building containing an upstairs office unit with approximately 969 heated square feet. The interior configuration is flexible and can support approximately 3 to 5 office or work areas depending on the permitted tenant layout. The unit includes a bathroom and is zoned CBD, with suitability for professional and service-based businesses subject to applicable zoning and permitted uses. The building provides on-street parking, and public sewer service is available; offices 3 and 4 have views toward N. Sterling Street.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$411k
Assessed land$28k
Assessed improvement$383k
Effective rate0.56%

Value estimate

· Oct 2026
$230k
$207k – $253k
Submarket $/SF estimate$501k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$59 – $132
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CENTRAL BUSINESS DIST
JurisdictionBURKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Kitchen & Bath9.2
Locksmith8.9

Location

100 Queen St Morganton, NC 28655-3440
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1007 Jamestown, Morganton, NC 28655-9277 $3,100,000 Mar 2025 3,597 SF
2185 Us 70th E, Morganton, NC 28655-8954 $350,000 Nov 2024 3,670 SF
2509 Sterling, Morganton, NC 28655-9470 $249,000 Aug 2024 6,560 SF
138 Sterling, Morganton, NC 28655-3444 $400,000 Jul 2024 3,500 SF
201 Avery, Morganton, NC 28655-3102 $575,000 Sep 2023 4,800 SF
205 Sterling, Morganton, NC 28655-3344 $275,000 Aug 2023 4,480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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