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Morganton Land Investment Opportunity
For Sale
$3,199,000
Pending

1307 E Union Street, Morganton, NC 28655

LAND - Morganton, NC

Lot Size71.00 Acres
Days on Market777

Property Features for 1307 E Union Street

General Information

Property type Land
Property subtype Other
Zoning MID
Zoning description Morganto
Lot features Creek Front, Level, Paved, Private, Creek/ Stream, Wooded
Elementary school Hillcrest
Middle school Walter Johnson
High school Freedom
Directions From Downtown Morganton, travel South Sterling Street. Turn left onto East Meeting Street. Travel East Meeting Street until it turns into East Union Street. Property on left. See sign.
Standard status Pending
APN 2704905583
Lot size 71.00 Acres

Taxes and HOA fees

Tax Description Burke County Register of Deeds 2285/185 & 2218/65
Legal Description Burke County Register of Deeds 2285/185 & 2218/65

Utilities

Sewer type Public Sewer

Building Details

Additional Structures Outbuilding
Listing Agency: C Shane Cook & Associates
Listed By: Allen Curtis · License #287846
Added: Jun 15, 2024 Changed: May 19 Last Checked: Jul 31 at 3:06AM
MLS# 4151645

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 71-acre property near downtown Morganton presents an investment opportunity with multiple possibilities due to its zoning, which allows for residential development, multi-family homes, or commercial development. The property currently features a historic 2-story farmhouse with 6 bedrooms and 2 bathrooms on E. Union Street. Also situated on the property is a store front on E. Union Street, originally the H.D. Leonhardt Store, circa 1910. This store was a successful general store that served the area between western Burke County and Hickory due to its convenient location. Behind the store front is a 3-bedroom, 1-bathroom cottage. The property, formerly the Leonhardt Estate on Leonhardt Hill, includes the store building, a smokehouse, well house, hen house/barn, and a mother-in-law cottage. The prominent farm home features a wrap-around porch, large kitchen, sitting room, grand dining room, living room, second story balcony, and a second story living area, in addition to the 6 bedrooms and 2 baths.

Key Highlights

  • 71+-acre property near downtown Morganton offers significant investment opportunity.
  • Zoning allows for residential, multi‑family, or commercial development.
  • Includes a historic 2‑story, 6BR/2BA farmhouse with wrap‑around porch and multiple living areas.

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Dental Office Restaurant Building Supply Spa & Massage Center HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Farm - 71-acre Morganton property suitable for residential or commercial development.
Where is this farm located?
The property is located at 1307 E Union Street Morganton, NC.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: 71+-acre property near downtown Morganton offers significant investment opportunity.; Zoning allows for residential, multi‑family, or commercial development.; Includes a historic 2‑story, 6BR/2BA farmhouse with wrap‑around porch and multiple living areas.
More about this property
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