Property profile

1022 Burkemont Ave Morganton, NC 28655

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1903693
2,560 SF 0.68 ac lot Built 1984
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1984
Total area 2,560 SF
Lot 0.68 ac (29,621 SF)
Zoning code HIGH INTENSITY DIST
APN 31906
UPID US53-1903693

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station
  • Atm
  • Car Rental Facility

Location

1022 Burkemont Ave Morganton, NC 28655-4503
Morganton metro Census 21400 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2007
2 recorded transactions
2007
$400,000
2006
Price N/A

Zoning & alternative use

HIGH INTENSITY 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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