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Property profile & analytics
OFF-MARKET
Land

0 Fleming Dr Morganton, NC 28655

1.09 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1.09 ac (47,611 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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