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    833 Green St Morganton, NC 28655

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    For Sale
    Contact for pricing

    Retail & Industrial Land, Hwy 181

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9-acre property in Morganton, NC, presents a unique blend of retail and industrial opportunities. Located on heavily trafficked Hwy 181/N. Green Street (21,500 cars daily), the site boasts 1.4 acres of prime retail pads offering unparalleled visibility. The remaining 7.63 acres are designated for industrial/manufacturing use, perfect for lay-down and storage. A substantial 37,000+ square-foot industrial building is included, suitable for warehousing, manufacturing, or distribution. The property is zoned HID and situated within a thriving mix of retail, commercial, and industrial businesses, ensuring excellent accessibility and exposure. This location offers significant potential for businesses and developers seeking a strategic combination of retail frontage and expansive industrial space in a high-traffic area of Morganton. The property is available for sale or lease. The site's size and zoning provide ample room for expansion and development. This is an ideal opportunity to establish a strong presence in a dynamic and growing market. The property's location on a major thoroughfare guarantees high visibility and accessibility for customers and employees alike. This versatile property is well-suited for a variety of uses, making it an attractive investment for both established businesses and new ventures.

    Property Features for 833 Green St

    General Information

    Property type
    Restaurants
    Lot Size
    32,670 SF

    HighLights

    • High‑visibility location on Hwy 181/N. Green Street in Morganton, NC, with 21,500 VPD.
    • 9‑acre lot.
    • 7.63 acres designated for industrial/manufacturing use, ideal for storage and lay‑down.
    • 1.4 acres of retail‑ready pads.
    • 37,000+ SF industrial building suitable for warehousing, manufacturing, or distribution.
    • Located in a thriving mix of retail, commercial, and industrial properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    King's Christmas Trees Tree Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -81.710722123081
    Latitude
    35.751575144385

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    FAQs

    What type of property is this?
    Restaurant - Retail & Industrial Land, Hwy 181
    Where is this restaurant located?
    The property is located at 833 Green St Morganton, NC.
    What are key features of this property?
    This property features: High-visibility location on Hwy 181/N. Green Street in Morganton, NC, with 21,500 VPD.; 9-acre lot.; 7.63 acres designated for industrial/manufacturing use, ideal for storage and lay-down.
    Request Owner's contact information
    833 Green St 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
    833 Green St Morganton, NC 28655
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