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    Williams Rd Morganton, NC 28655
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    Williams Rd, Morganton, NC 28655

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    • Land
    • 41.47 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Williams Rd

    Lot size
    41.47 lot acres
    Property type
    Land

    Description

    This exceptional 41.47-acre undeveloped land parcel presents a remarkable investment opportunity in Morganton, North Carolina. Strategically located off Morganton's main corridor and directly accessible from I-40 at exit 103, this property boasts unparalleled visibility and convenient access. The land is zoned HID, permitting up to 20 dwellings per usable acre, making it ideal for multi-family residential development. A roughly 3-acre portion may also be suitable for retail development, given its proximity to established businesses. The property sits behind the recently renovated Magnolia Plaza shopping center, anchored by major retailers such as Rural King, Big Lots, Harbor Freight, KFC, and Taco Bell, and is directly across from Lowe's Home Improvement and Food Lion. This prime location ensures high traffic volume and strong visibility from I-40, further enhanced by multiple access points. Morganton's consistent growth trajectory is amplified by the recent opening of the NC School of Science and Math, promising further development in the area. Water and sewer services are available. The property's APN is 2702059982. This is a rare chance to acquire a large, versatile tract in a thriving North Carolina community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.6917
    Latitude
    35.7182
    More about this property
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