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    1366 Us 70 Morganton, NC 28655

    For Sale
    $699,000

    Versatile 3,303 SF Business Opportunity, 2.33 Acres

    Property size:
    3,303 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 1366 US 70 W in Morganton, NC, presents a unique investment opportunity. Situated on a high-traffic corner at the intersection of Enon Road and US Highway 70, this 2.33-acre lot boasts 3,303 square feet of retail/office space, perfectly suited for a variety of businesses. The property also includes a substantial 2,178 square foot garage featuring four bays with 12-foot doors and 16-foot ceilings, a car lift, and ample loft storage. The large, open, fenced lot provides extensive space, complemented by a paved parking area. The existing retail space is climate-controlled, equipped with a new 4-ton Goodman unit and an approximately three-year-old 2-ton Carrier unit. Utilities are readily available, including Spectrum internet/cable, Duke Power electricity, Valdese Water, and a septic tank. The property is zoned G-B (General Business) and is conveniently located outside city limits. This versatile space can be utilized as a single large business operation or easily divided to accommodate multiple tenants. Seller financing is a possibility. Business inventory is also available for negotiation. This prime location and extensive features make this property an ideal investment for entrepreneurs and business owners seeking a high-visibility presence in a thriving area.

    Property Features for 1366 Us 70

    General Information

    Property type
    Investment properties
    Square Feet
    3,303 SF
    Lot Size
    101,495 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.59054
    Latitude
    35.74896

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    FAQs

    What type of property is this?
    Investment property - Versatile 3,303 SF Business Opportunity, 2.33 Acres
    Where is this investment property located?
    The property is located at 1366 Us 70 Morganton, NC.
    What is the asking price?
    The asking price for this property is $699,000.
    (828) 430-0910
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    1366 Us 70 Morganton, NC 28655
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    Morganton, NC 28655
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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.

    More about this property
    1366 Us 70 Morganton, NC 28655
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