Property profile

1001 Innovation Dr Morganton, NC 28655

OFF-MARKET
Warehouses
Property ID
US53-2327061
20,480 SF 1.83 ac lot Built 1999
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1999
Construction STEEL FRAME
Total area 20,480 SF
Lot 1.83 ac (79,715 SF)
Zoning code EXCLUSIVE INDUSTRIAL DIST
APN 53209
UPID US53-2327061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Innovation Dr Morganton, NC 28655-6955
Morganton metro Census 20301 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2015
2 recorded transactions
2026
Price N/A
2015
$600,000

Zoning & alternative use

EXCLUSIVE INDUSTRIAL DIST · Morganton, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1001 Innovation Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message