219 Carbon City Rd Morganton, NC 28655
This exceptional 2.26-acre commercial lot presents a remarkable opportunity for investors and developers. Situated on Carbon City Road, a four-lane main highway, this property boasts unparalleled visibility with an average daily traffic count of 16,000 vehicles. Its strategic location places it amidst a thriving cluster of businesses and services, offering immediate access to a substantial customer base. The property's proximity to Interstate 40 and downtown Morganton ensures convenient access for both local and regional clientele. With an impressive 225 feet of road frontage, the lot offers multiple access points, maximizing development potential and flexibility. The level terrain simplifies construction planning, making this site ideal for a wide range of commercial ventures. The asking price is $295,000. Don't miss this chance to secure a prime commercial location in a rapidly growing area. This property is ready for your vision. Act quickly, as opportunities like this are rare.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.