Property profile

205 Sterling St Morganton, NC 28655

OFF-MARKET
Retail space
Property ID
US53-4240743
4,480 SF 0.05 ac lot Built 1930
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 4,480 SF
Lot 0.05 ac (2,178 SF)
Zoning code CENTRAL BUSINESS DIST
APN 31722
UPID US53-4240743

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
  • Physician
  • (Bike/Boat/Book/etc) Store Printing Service
  • Physician
  • Training Center
  • Physician

Location

205 Sterling St Morganton, NC 28655-3344
Morganton metro Census 20500 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2021
Last sale
$275,000
2 recorded transactions
2021
$275,000
2019
$173,000

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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