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    111 Bush Dr Morganton, NC 28655

    For Sale
    Contact for pricing

    Located off I-40 Exit 105, near restaurants and hotels.

    Property size:
    1 SF
    Lot size:
    1.09 Acres

    Property Features for 111 Bush Dr

    General Information

    Size
    1 SF
    Lot size
    1.09 Acres

    Building Details

    Year built
    2004

    Source: Joel Schneider Agent Joel Schneider

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near I-40 Exit

    The commercial land is located immediately off Exit 105 on I-40. The site benefits from a location within a retail cluster of numerous restaurants and hotels. Area businesses include Arby’s, Cracker Barrel, Dunkin’ Donuts, Hampton Inn, McDonald’s, Quality Inn, Sonic, Speedway & Wendy’s. The property is situated close to Carolina’s HealthCare System Blue Ridge Morganton. The traffic count for I-40 & NC-18 is 44,000 VPD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.6551792
    Latitude
    35.7241925

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    FAQs

    What type of property is this?
    Commercial land - Located off I-40 Exit 105, near restaurants and hotels.
    Where is this commercial land located?
    The property is located at 111 Bush Dr Morganton, NC.
    What are key features of this property?
    This property features: - Located immediately off Exit 105 on I-40.; - High Traffic Count: I-40 & NC-18 (44,000 VPD).; - Within retail cluster of numerous restaurants and hotels.
    (847) 418-2723
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    111 Bush Dr 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
    111 Bush Dr Morganton, NC 28655
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