Property profile

1011 Innovation Dr Morganton, NC 28655

OFF-MARKET
Manufacturing properties
Property ID
US53-1940164
10,005 SF 12.48 ac lot Built 1999
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1999
Construction STEEL FRAME
Total area 10,005 SF
Lot 12.48 ac (543,629 SF)
Zoning code EXCLUSIVE INDUSTRIAL DIST
APN 41855
UPID US53-1940164

Cap rate & NOI

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

Location

1011 Innovation Dr Morganton, NC 28655
Morganton metro Census 20301 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2015
1 recorded transaction
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
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