Financial
Distress signals
Property profile

307 Burke Dr Morganton, NC 28655

OFF-MARKET
Manufacturing properties
Property ID
US53-4037687
138,572 SF 14.45 ac lot Built 1980
Last sale Jan 2023 · $1,961,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$2.65M
Assessed land$292k
Assessed improvement$2.36M
Effective rate0.56%

Value estimate

· Sep 2026
$2.14M
$1.92M – $2.35M
AI approach$2.19M
Submarket $/SF estimate$1.55M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$20/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$5 – $32

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
EXCLUSIVE INDUSTRIAL DIST
JurisdictionBURKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.0
Dental Office14.2
Building Supply13.1

Location

307 Burke Dr Morganton, NC 28655-5306
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
212 Fleming, Morganton, NC 28655-3676 $690,000 Feb 2022 19,702 SF
117 Dugout, Morganton, NC 28655-8982 $325,000 Nov 2020 11,360 SF
100 Ceramic Tile, Morganton, NC 28655-6772 $4,255,000 Oct 2020 229,703 SF
803 Un, Morganton, NC 28655 $165,000 May 2020 23,527 SF
3100 Nc 18th Us 64, Morganton, NC 28655-7760 $250,000 Dec 2019 15,408 SF
617 Carbon City, Morganton, NC 28655-4155 $800,000 Aug 2019 26,352 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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