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    831 Sanford Dr Morganton, NC 28655

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    For Sale
    Contact for pricing

    8.49-acre property suitable for multi-family or retail developments.

    Lot size:
    8.49 Acres

    Property Features for 831 Sanford Dr

    General Information

    Lot size
    8.49 Acres

    Source: Collett & Associates Agent Eric Engstrom

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

    Overview

    8.49 Acres in Morganton

    This 8.49-acre property is located in the heart of Morganton's High Intensity District zoning. The zoning allows for a wide variety of uses, offering flexibility and potential for a profitable investment. The site is suitable for multi-family or retail developments. It features gently sloping terrain and views. The property has easy access to major roads and highways. It is positioned for growth in the Morganton market.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.703038
    Latitude
    35.758679

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    FAQs

    What type of property is this?
    Land - 8.49-acre property suitable for multi-family or retail developments.
    Where is this land located?
    The property is located at 831 Sanford Dr Morganton, NC.
    What are key features of this property?
    This property features: - Rare 8.49 acre property in Morganton's High Intensity District.; - Suitable for multi-family or retail developments.; - High Intensity District zoning allows for a wide variety of uses.
    (704) 206-8300
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    831 Sanford Dr 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
    831 Sanford Dr Morganton, NC 28655
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