0 Sundown Rd Morganton, NC 28655
This exceptional 42-acre industrial land parcel presents a compelling investment opportunity in Morganton, North Carolina. Located on Sundown Road in Burke County, this property boasts an attractive asking price of $1,659,000, translating to $15,000 per acre. The land is zoned for industrial use, offering significant flexibility for development. Its substantial size allows for potential subdivision, catering to various project scales and needs. The property's prime location provides excellent access to key infrastructure, making it an ideal site for a wide range of industrial applications. The parcel is identified by APN 1772032102 and is held under corporate ownership. This is a designated Opportunity Zone, presenting additional tax advantages for qualified investors. The property's strategic location and zoning, coupled with its size and potential for subdivision, make it a highly desirable asset for developers and investors seeking a foothold in the thriving Morganton industrial market. The zip code is 28655. Detailed site plans and further information are available upon request.
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.
Costs & Benchmarks
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.