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    FOR SALE
    Manufacturing properties

    315 Burke Dr, Morganton, NC 28655

    7,920 SF 2.99 ac lot Built 1964
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-1678846
    Property summary
    AI-generated overview

    This exceptional single-tenant property at 315 Burke Dr, Morganton, NC 28655, offers a versatile 12,888 square foot space ideal for a variety of businesses. The building boasts a strategic blend of office and warehouse areas, perfectly suited for companies needing both administrative and storage capabilities. The warehouse component encompasses 8,919 square feet, providing ample room for inventory, equipment, or production. Complementing this substantial warehouse space is a well-appointed 4,224 square foot office area. This office space includes twelve individual offices, two conference rooms, and four bathrooms, ensuring comfortable and efficient operations. The property's location in the heart of Morganton offers excellent accessibility and visibility, making it an attractive option for businesses seeking a central location. This property is a single-tenant building, providing a streamlined and efficient operational environment. The property is classified as Retail, Office, and Industrial, reflecting its adaptability to diverse business needs. A floor plan is available upon request. This is a rare opportunity to secure a well-designed and strategically located property in a thriving North Carolina market.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1964
    Construction WOOD FRAME
    Total area 7,920 SF
    Lot 2.99 ac (130,244 SF)
    Zoning code EXCLUSIVE INDUSTRIAL DIST
    APN 31861
    UPID US53-1678846
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • PDQ Workholding Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Swihart Properties LLC · 3 yrs held
    Swihart Properties LLC
    since 2023
    Last sale
    $400,000
    3 recorded transactions
    2023
    $400,000
    2018
    $459,000
    1969
    Zoning & alternative use
    EXCLUSIVE INDUSTRIAL DIST · Morganton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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