0 Fleming Dr Morganton, NC 28655
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.