102 Morganton Heights Blvd, Morganton, NC 28655
This exceptional 18.14-acre commercial land parcel presents a remarkable investment opportunity in the thriving Morganton, North Carolina market. Located at 102 Morganton Heights Boulevard, in Burke County, zip code 28655 (35.7294647, -81.7074077), this property boasts a highly desirable HID zoning designation, permitting both retail and multi-family development. Its strategic adjacency to the bustling Morganton Heights Shopping Center, a Walmart Supercenter-anchored regional power center, ensures significant daily traffic exposure and strong visibility. The property's proximity to downtown Morganton (just 2.5 miles away), a consistently growing area, further enhances its appeal. This prime location benefits from the advantages of being situated within an Opportunity Zone, offering potential tax incentives for qualified investors. The substantial lot size provides ample space for a large-scale development project, catering to the increasing demand for commercial and residential properties in this dynamic market. This is an exceptional chance to capitalize on the growth trajectory of Morganton and create a significant return on investment. Serious inquiries are encouraged.
-
Mattress Firm Morganton Furniture & Home Goods
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.