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    Property profile & analytics

    201 Believers Way Morganton, NC 28655-9977

    • Sports & entertainment properties
    • 21,222 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1435496
    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

    • Sports & entertainment properties

    Property Details for 201 Believers Way

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    1.21 lot acres
    Property size
    21,222 SF
    Zone code
    MEDIUM INTENSITY DIST
    Property type
    Sports & entertainment properties
    APN
    38218
    APU
    38218

    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
    -81.6508
    Latitude
    35.7207
    CBSA code
    25860
    CBSA name
    HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $60,500
    $1,105,570
    $1,166,070
    -
    $60,500
    $1,105,570
    $1,166,070

    Comparable in this City

    • Value Estimation
      $695,000
      24,432 SF

      303 Main St

      RECREATIONAL, ENTERTAINMENT • 24,432 SF
      303 Main St, Morganton, NC 28655
      View Details
    • Value Estimation
      $340,000
      13,481 SF

      306 Mcdowell St

      RECREATIONAL, ENTERTAINMENT • 13,481 SF
      306 Mcdowell St, Morganton, NC 28655-3841
      View Details
    • Value Estimation by Request
      180 SF

      550 Lenoir Rd

      RECREATIONAL, ENTERTAINMENT • 180 SF
      550 Lenoir Rd, Morganton, NC 28655-2697
      View Details
    • Value Estimation
      $510,000
      1,274 SF

      7081 Nc 181a

      RECREATIONAL, ENTERTAINMENT • 1,274 SF
      7081 Nc 181a, Morganton, NC 28655-0090
      View Details
    • Value Estimation
      $415,000
      128 SF

      150 Coal Chute Rd

      RECREATIONAL, ENTERTAINMENT • 128 SF
      150 Coal Chute Rd, Morganton, NC 28655-3952
      View Details
    • Value Estimation
      $445,000
      360 SF

      240 College St

      RECREATIONAL, ENTERTAINMENT • 360 SF
      240 College St, Morganton, NC 28655
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $22 SF/Yr
      3,500 SF

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      Prime Restaurant Location, Newly Renovated
      309 Green St, Morganton, NC 28655
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    • $0.09 SF/Yr
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      View Details
    • Contact for pricing
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    • $10 SF/Yr
      202,980 SF

      Fiddler's Run Retail Spaces

      Morganton, NC: Prime Retail Opportunity
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      Scenic Land Near Silver Fork Winery

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      60,984 SF

      Morganton Retail Pad - Ground Lease

      High-traffic retail land, build-to-suit options.
      833 Green St, Morganton, NC 28655
      View Details

    Property Visit Statistics

    • Visits by month
      11.4k
    • Visitors by month
      9.0k
    • Avg Time on site
      42 min
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    201 Believers Way
    Morganton, NC 28655-9977
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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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