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    1164 Piedmont Rd Morganton, NC 28655

    Sponsored
    For Sale
    $360,000

    Morganton, NC retail development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.46-acre commercial land parcel presents a prime retail development opportunity in Morganton, North Carolina. Strategically located on the highly visible corner of US-64 and Piedmont Road, this property boasts unparalleled exposure to a substantial daily traffic volume. The lot is flat and partially cleared, simplifying development, and all necessary utilities are readily available on-site. Zoned N-B, the property is well-suited for a diverse range of retail uses. Its location within minutes of downtown Morganton offers easy access to a robust customer base, encompassing both residential and commercial areas. The property's proximity to major highways ensures convenient access for both local and regional customers, maximizing its potential for success. This is an exceptional opportunity to capitalize on a high-traffic location and build a thriving retail business. The property's APN is 2705311603. The asking price is $360,000.

    Property Features for 1164 Piedmont Rd

    General Information

    Property type
    Land
    Lot Size
    150,718 SF

    HighLights

    • 3.46‑acre retail development site available in Morganton, NC.
    • High‑visibility corner lot at US‑64 and Piedmont Road.
    • Level, cleared site with available utilities; ready for immediate development.
    • Suitable for diverse retail uses.
    • Strong customer base from surrounding commercial and residential areas.
    • Excellent highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.68668409446
    Latitude
    35.785324088254

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    FAQs

    What type of property is this?
    Land - Morganton, NC retail development site.
    Where is this land located?
    The property is located at 1164 Piedmont Rd Morganton, NC.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: 3.46-acre retail development site available in Morganton, NC.; High-visibility corner lot at US-64 and Piedmont Road.; Level, cleared site with available utilities; ready for immediate development.
    (336) 480-5380
    Request Owner's contact information
    1164 Piedmont Rd 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
    1164 Piedmont Rd Morganton, NC 28655
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