Realmo Analytics

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Property profile

115 Un St Morganton, NC 28655

OFF-MARKET
Retail space
Property ID
US53-0118416
5,880 SF 0.06 ac lot Built 1900
Last sale Dec 2017 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. 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 includes approximately 5,600 square feet of restaurant space configured to be leased and is designed with the potential for subdivision into smaller areas for qualified operators. The building is planned to include exterior renovations such as new exterior paint, lighting, windows, roll-up doors, and facade improvements. The configuration also allows for an outdoor patio area estimated at approximately 1,200 to 1,500 square feet. In addition, there is planned conversion of the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$625k
Assessed land$33k
Assessed improvement$592k
Effective rate0.59%

Value estimate

· Oct 2026
$270k
$243k – $297k
Submarket $/SF estimate$763k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$59 – $132
Qualifying comparables6

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?
CENTRAL BUSINESS DIST
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 Facility10.8
Kitchen & Bath9.2
Locksmith8.9

Location

115 Un St Morganton, NC 28655-3459
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
911 Grn, Morganton, NC 28655-5613 $200,000 Jul 2025 8,880 SF
1007 Jamestown, Morganton, NC 28655-9277 $3,100,000 Mar 2025 3,597 SF
2185 Us 70th E, Morganton, NC 28655-8954 $350,000 Nov 2024 3,670 SF
2509 Sterling, Morganton, NC 28655-9470 $249,000 Aug 2024 6,560 SF
201 Avery, Morganton, NC 28655-3102 $575,000 Sep 2023 4,800 SF
205 Sterling, Morganton, NC 28655-3344 $275,000 Aug 2023 4,480 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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