Property profile

307 Salem Rd Morganton, NC 28655

OFF-MARKET
Commercial land
Property ID
US53-Q017656
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Property summary

AI-generated overview

THE LAST COMMERCIAL CORNER TRACT. 0.8 miles to I-40. Also includes (Record# 8876, PIN 1792841069) combined 2.5+/- acres. Zoned GB-CU. High traffic Visibility. Wide variety of commercial, business and office uses. Underground natural gas utilities available. Adequate City water and sewer present to serve any commercial use proposed. Close businesses include LOWES, Rural King, Big Lots, Food Lion, Morganton Honda Dealership and multiple National Fast Food Chains. (refer to MLS#3577136)

Property profile

Verified
Property type Commercial land
UPID US53-Q017656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

307 Salem Rd Morganton, NC 28655
Morganton metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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