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    Dixie Blvd Morganton, NC 28655

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    For Sale
    $1,015,000

    38 acres of vacant industrial land in Morganton, NC.

    Property Features for Dixie Blvd

    General Information

    Standard status
    Active

    Source: BERKSHIRE HATHAWAY HOMESERVICES BLUE RIDGE REALTORS Agent DEBORAH MURRAY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land Ready For Development

    This is a 38-acre vacant industrial land parcel available for development, zoned for industrial use and located within an Opportunity Zone in Morganton, North Carolina. The site is located a two-mile drive from I-40. Utilities available at the site include electric, natural gas, water, and sewer. The property is situated within the Hickory/Morganton Metropolitan Statistical Area, which has been recognized as one of the Best Places to Live and Most Affordable Metros by U.S. News & World Report in 2022/2023.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.740526
    Latitude
    35.728399

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    FAQs

    What type of property is this?
    Land - 38 acres of vacant industrial land in Morganton, NC.
    Where is this land located?
    The property is located at Dixie Blvd Morganton, NC.
    What is the asking price?
    The asking price for this property is $1,015,000.
    What are key features of this property?
    This property features: - 38 Acres of Vacant Industrial Land Ready for Development; - Zoned Industrial with Utilities at Site (Electric, Natural Gas, Water, Sewer); - Located in Opportunity Zone
    (828) 438-3660
    Request Owner's contact information
    Dixie Blvd 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
    Dixie Blvd Morganton, NC 28655
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