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    913 Jamestown Rd Morganton, NC 28655

    For Sale
    $1,400,000

    24.77 Acres, 3 Rental Homes, I-40 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 24.77-acre commercial property boasts unparalleled visibility bordering Interstate 40 in Morganton, NC. Located approximately 1,600 feet from I-40 Exit 100, this strategically positioned land benefits from high traffic counts

    Property Features for 913 Jamestown Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,078,981 SF

    Building Details

    Year Built
    1939
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Pharmacy Auto Repair Shop Hotel & Motel Wholesale Shop Bar & Pub Auto Parts 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
    -81.74754
    Latitude
    35.7223

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    FAQs

    What type of property is this?
    Commercial real estate - 24.77 Acres, 3 Rental Homes, I-40 Access
    Where is this commercial real estate located?
    The property is located at 913 Jamestown Rd Morganton, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (828) 438-3660
    Request Owner's contact information
    913 Jamestown Rd 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
    913 Jamestown Rd Morganton, NC 28655
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