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    Fleming Dr Morganton, NC 28655

    For Sale
    $215,000

    Prime Retail Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.093-acre commercial land parcel is located on W Fleming Drive in Morganton, NC, 28655. Zoned HID, it presents a significant opportunity for retail development. The property boasts exceptional visibility and high foot traffic, situated on Morganton's main retail corridor. Its strategic location directly across from the new North Carolina School of Science and Math campus ensures significant exposure. Surrounded by established national retailers, including Aldi and Ace Hardware, this site offers immediate access to a substantial customer base. Ample space allows for diverse development possibilities and convenient parking. The asking price is $215,000. The property's APN is 2703125333. This is an excellent investment for businesses seeking to establish or expand their presence in a thriving retail area. The property offers significant potential for growth and return on investment due to its prime location and high visibility. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area of Morganton.

    Property Features for 0 Fleming Dr

    General Information

    Property type
    Land
    Lot Size
    47,611 SF

    HighLights

    • 1.093‑acre commercial land parcel for sale on W. Fleming Drive, Morganton, NC.
    • Ideal for retail development, offering high visibility and foot traffic.
    • Excellent location near national retailers like Aldi and Ace Hardware.
    • Situated on Morganton's main retail corridor, across from the new NC School of Science and Math campus.
    • Ample space available for development and parking.
    • Excellent investment opportunity for businesses seeking expansion or a new location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.69039775
    Latitude
    35.73220276

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Visibility
    Where is this land located?
    The property is located at Fleming Dr Morganton, NC.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: 1.093-acre commercial land parcel for sale on W. Fleming Drive, Morganton, NC.; Ideal for retail development, offering high visibility and foot traffic.; Excellent location near national retailers like Aldi and Ace Hardware.
    (336) 480-5380
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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
    Fleming Dr Morganton, NC 28655
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