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    Burkemont Ave Morganton, NC 28655

    Under Contract
    For Sale
    $199,000

    COMMERCIAL - Morganton, NC

    Lot size:
    0.40 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for Burkemont Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    HID
    APN
    2702061612
    Lot size
    0.40 Acres

    Coldwell Banker Newton Real Estate (828) 433-1485 [email protected]

    Listing agent Tim Newton (828) 439-5921

    Listing date Oct 10, 2025

    MLS# 4214763 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot Near I-40

    This 0.4-acre commercial lot is located in Morganton, NC, and is suitable for development. The level lot is situated just 1/10th of a mile from I-40 and benefits from high traffic volume, with over 20,000 cars per day according to NCDOT data. The property has access to city water and sewer services. It is surrounded by national retailers, including Lowe's and Rural King.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.69504212
    Latitude
    35.71665361

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    FAQs

    What type of property is this?
    Commercial land - 0.4 acre commercial lot near I-40 and national retailers.
    Where is this commercial land located?
    The property is located at Burkemont Ave Morganton, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime commercial lot with high traffic count (20,000+ cars per day per NCDOT).; - Excellent location: only 1/10th mile to I-40.; - .4 acre level lot, ready to build.
    (828) 439-5921
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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

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    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.

    More about this property
    Burkemont Ave Morganton, NC 28655
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