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    Property profile & analytics

    1261 Burkemont Ave Morganton, NC 28655

    • Commercial real estate
    For Sale
    View listing
    $474,500
    Value Estimation
    Location Intelligence
    Property ID
    US53-1053186
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1261 Burkemont Ave

    Property type
    Commercial real estate
    APN
    1792956856

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.696437839645
    Latitude
    35.714985137041

    Comparable in this City

    • $995,000
      2.48 Acres

      2.48 Acres with Rental Houses

      2.48 acres with high traffic and development potential.
      804 Burkemont Ave, Morganton, NC 28655
      View Details
    • $1,273,500
      8.49 Acres

      Morganton Mixed-Use Development

      8.49 Acres, High-Intensity Zoning
      0 Sanford Dr, Morganton, NC 28655
      View Details
    • $1,799,900
      2.75 Acres

      Restaurant Site on 2.75 Acres

      2.75-acre restaurant site near I-40, ready for business.
      309 Enola Rd, Morganton, NC 28655
      View Details
    • Contact for pricing
      0.75 Acres

      Morganton Commercial Property

      Retail & Industrial Land, Hwy 181
      833 Green St, Morganton, NC 28655
      View Details
    • $837,000
      19.48 Acres

      Morganton Land: 19.4 Acres Downtown

      Prime Downtown Morganton development land.
      1527 Union St, Morganton, NC 28655
      View Details
    • Contact for pricing
      0.54 Acres

      Sloping Lot with Mountain Views

      0.54 acre lot in gated community with lake and mountain views.
      109 Shortoff Trl, Valdese, NC 28655
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.75 Acres

      Morganton Commercial Property

      Retail & Industrial Land, Hwy 181
      833 Green St, Morganton, NC 28655
      View Details
    • $1,273,500
      8.49 Acres

      Morganton Mixed-Use Development

      8.49 Acres, High-Intensity Zoning
      0 Sanford Dr, Morganton, NC 28655
      View Details
    • $1,799,900
      2.75 Acres

      Restaurant Site on 2.75 Acres

      2.75-acre restaurant site near I-40, ready for business.
      309 Enola Rd, Morganton, NC 28655
      View Details
    • $995,000
      2.48 Acres

      2.48 Acres with Rental Houses

      2.48 acres with high traffic and development potential.
      804 Burkemont Ave, Morganton, NC 28655
      View Details
    • $837,000
      19.48 Acres

      Morganton Land: 19.4 Acres Downtown

      Prime Downtown Morganton development land.
      1527 Union St, Morganton, NC 28655
      View Details
    • Contact for pricing
      0.54 Acres

      Sloping Lot with Mountain Views

      0.54 acre lot in gated community with lake and mountain views.
      109 Shortoff Trl, Valdese, NC 28655
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      60,984 SF

      Morganton Retail Pad - Ground Lease

      High-traffic retail land, build-to-suit options.
      833 Green St, Morganton, NC 28655
      View Details
    • $22 SF/Yr
      3,500 SF

      Downtown Morganton Retail Space

      Prime Restaurant Location, Newly Renovated
      309 Green St, Morganton, NC 28655
      View Details
    • $0.09 SF/Yr
      37,823 SF

      Morganton Industrial Property

      9-Acre Industrial Site, Flexible Space
      833 Green St, Morganton, NC 28655
      View Details
    • Contact for pricing

      Retail Space in Morganton, NC

      Retail space available for lease in Morganton, North Carolina.
      Morganton, NC 28655
      View Details
    • Contact for pricing

      Scenic Land Near Silver Fork Winery

      4.49-acre property with mountain views, near popular winery.
      4950 Patton Rd, Morganton, NC 28655
      View Details
    • Contact for pricing
      177,808 SF

      400 Morganton Heights Blvd

      Lifestyle centers • 177,808 SF
      400 Morganton Heights Blvd, Morganton, NC 28655
      View Details
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    Morganton, NC 28655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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