Property profile

130 Romarco Rd Morganton, NC 28655

OFF-MARKET
Manufacturing properties
Property ID
US53-0191987
142,212 SF 11.01 ac lot Built 1963
Entity Owned 17-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1963
Construction WOOD FRAME
Total area 142,212 SF
Lot 11.01 ac (479,596 SF)
Zoning code EXCLUSIVE INDUSTRIAL DIST
APN 16495
UPID US53-0191987

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
  • Warehouse & Storage

Location

130 Romarco Rd Morganton, NC 28655-5938
Morganton metro Census 21400 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$785k

Owner & transaction history

since 2008
7 recorded transactions
2022
Price N/A
2008
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EXCLUSIVE INDUSTRIAL 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 130 Romarco Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message