Property profile

160 Sterling St Morganton, NC 28655

OFF-MARKET
Turn key restaurants
Property ID
US53-3857349
7,644 SF 0.09 ac lot Built 1901
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1901
Construction WOOD FRAME
Total area 7,644 SF
Lot 0.09 ac (3,920 SF)
Zoning code CENTRAL BUSINESS DIST
APN 30509
UPID US53-3857349

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
  • Nightclub Music Venue
  • Real Estate Agency
  • Restaurant
  • Alternative Medicine Practice Acupuncture

Location

160 Sterling St Morganton, NC 28655-3485
Morganton metro Census 20500 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2018
3 recorded transactions
2018
$360,000
2018
Price N/A
1969
Price N/A

Zoning & alternative use

CENTRAL BUSINESS 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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