Property profile

213 Reep Dr 2 Morganton, NC 28655

OFF-MARKET
Manufacturing properties
Property ID
US53-1740147
140,767 SF 12.62 ac lot Built 1983
Entity Owned Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1983
Construction WOOD FRAME
Total area 140,767 SF
Lot 12.62 ac (549,727 SF)
Zoning code EXCLUSIVE INDUSTRIAL DIST
APN 43461
UPID US53-1740147

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
  • Factory Production Facility

Location

213 Reep Dr, Unit 2 Morganton, NC 28655-8253
Morganton metro Census 20301 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.15M

Owner & transaction history

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
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