1261 Burkemont Ave Morganton, NC 28655
For Sale
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This ±1.07-acre commercial land parcel presents a prime retail development opportunity in Morganton, North Carolina. Situated on Burkemont Avenue, this site boasts excellent visibility and accessibility within the city's busiest retail corridor, enjoying approximately 24,244 vehicles per day. The property offers approximately 120 feet of frontage, providing ample space for development. This location benefits from shared full access with Big Lots, ensuring high traffic flow and exposure. The site is ideally suited for a variety of uses, including but not limited to car washes, quick-service restaurants (QSRs), banks, automotive businesses, and medical facilities. The surrounding area features a robust mix of established retailers, including Lowe's, Food Lion, Harbor Freight Tools, Rural King, Chick-fil-A, Dunkin', Taco Bell, Bojangles, Cookout, and KFC, creating a strong retail environment. The property is available for ground lease, build-to-suit arrangements, or outright sale. Contact for pricing details. APN: 1792956856. Address: 1261 Burkemont Ave, Morganton, NC 28655.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.