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    804 Burkemont Ave Morganton, NC 28655

    Picture of Retail properties at Burkemont Ave 804, Morganton, NC
    For Sale
    $995,000

    SINGLE_FAMILY - Morganton, NC

    Type:Retail
    Lot size:
    2.48 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 804 Burkemont Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    HID
    APN
    2703006448
    Lot size
    2.48 Acres

    Building Details

    Year built
    1950

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

    Listing agent Tim Newton (828) 439-5921

    Listing date Oct 15, 2025

    MLS# 4161623 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

    2.48 Acres with Rental Houses

    This property consists of 2.48 acres across four parcels and includes four rental houses. It fronts a four-lane highway with a reported traffic count of approximately 24,000 vehicles per day, according to the Department of Transportation. The site is located across from the North Carolina School of the Deaf and the new North Carolina School of Math & Science, and is approximately 1/4 mile from I-40. The property has access to city water, sewer, and natural gas, offering various development possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.6935667
    Latitude
    35.72718856

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    FAQs

    What type of property is this?
    Retail property - 2.48 acres with high traffic and development potential.
    Where is this retail property located?
    The property is located at 804 Burkemont Ave Morganton, NC.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High traffic location: Approximately 24,000 cars per day.; - Highway frontage: Property fronts 4-lane Hwy 64.; - Proximity to major transportation: Only 1/4 mile from I-40.
    (828) 439-5921
    Request Owner's contact information
    804 Burkemont Ave 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
    804 Burkemont Ave Morganton, NC 28655
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