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Financial
Distress signals
Property profile

618 Meeting St Morganton, NC 28655

OFF-MARKET
Other warehouses
Property ID
US53-1254024
31,798 SF 2.26 ac lot Built 1949
Last sale Jul 2026 · $360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building in Morganton, North Carolina, offering more than 30,000 square feet of building area on a spacious lot. It is located on E Meeting St and has more than 375 feet of road frontage, with sidewalk access to downtown Morganton. The site is in an area characterized by a mix of businesses and other land uses. The building includes multiple loading docks, an enclosed fenced rear lot for secure access, and substantial storage capacity.

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.

Debts

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?
$2k
Tax billed · 2024
Assessed value$369k
Assessed land$175k
Assessed improvement$194k
Effective rate0.56%

Value estimate

· Oct 2026
$350k
$315k – $385k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$30/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$12 – $48

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?
CONDITIONAL USE
JurisdictionBURKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Plumbing Service9.3
Garden Center9.2

Location

618 Meeting St Morganton, NC 28655-3435
County assessor Recorded deeds · 7 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
709 Jamestown, Morganton, NC 28655-9216 $1,500,000 Jan 2023 75,712 SF
735 Meeting, Morganton, NC 28655-2853 $125,200 Dec 2022 10,739 SF
318 Burke, Morganton, NC 28655-5395 $580,000 Sep 2022 48,960 SF
212 Fleming, Morganton, NC 28655-3676 $690,000 Feb 2022 19,702 SF
314 Burke, Morganton, NC 28655-5395 $155,000 Jun 2021 24,120 SF
117 Dugout, Morganton, NC 28655-8982 $325,000 Nov 2020 11,360 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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