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    409 Morgan St Valdese, NC 28690

    Sponsored
    For Sale
    $895,000

    Spacious industrial warehouse, recently renovated.

    Property size:
    34,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 34,500 square foot warehouse, located at 409 Morgan Street in Valdese, North Carolina, presents a significant opportunity for industrial businesses. Situated on a generous 4.27-acre lot, this property boasts a range of desirable features. The building underwent a complete renovation in 2023, including a new roof and updated lighting throughout. The high ceilings, measuring 12 feet 5 inches, provide ample vertical space for storage and operations. The warehouse is fully equipped with a sprinkler system and secured by a gated entrance, ensuring the safety and security of your inventory and operations. The property is zoned IND, making it suitable for a variety of industrial uses. Its location in Burke County, North Carolina, offers convenient access to transportation routes and a skilled workforce. The asking price for this turnkey warehouse is $895,000. This property is ideal for businesses seeking a modern, well-maintained facility in a strategic location. Don't miss this chance to acquire a prime industrial asset in Valdese, NC. Contact us today to schedule a showing.

    Property Features for 409 Morgan St

    General Information

    Property type
    Distribution properties
    Square Feet
    34,500 SF
    Lot Size
    186,001 SF

    Building Details

    Year Renovated
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdese
    County
    Burke
    State
    North Carolina
    Longitude
    -81.5541327
    Latitude
    35.7396346

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, recently renovated.
    Where is this distribution property located?
    The property is located at 409 Morgan St Valdese, NC.
    What is the asking price?
    The asking price for this property is $895,000.
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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
    409 Morgan St Valdese, NC 28690
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