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Financial
Distress signals
Property profile

318 Bouchelle St Morganton, NC 28655

OFF-MARKET
Turn key restaurants
Property ID
US53-1540599
1,902 SF 1.1 ac lot Built 1930
Last sale Feb 2018 · $35,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a historically significant church building originally known as St. Stephens Episcopal Church, located in Morganton behind the Fairfield Inn & Suites and across the street from the central business district. The building was renovated in 2021 with updates intended for food-service use, including a replaced roof and an HVAC system. The downstairs kitchen is equipped for commercial cooking, featuring tankless water heaters, a vented hood, and a grease trap (installed in 2021), and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$281k
Assessed land$28k
Assessed improvement$253k
Effective rate0.56%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MEDIUM INTENSITY DIST
JurisdictionBURKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.5
Kitchen & Bath11.1
Electrical Service10.9

Location

318 Bouchelle St Morganton, NC 28655-3304
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
900 Lenoir, Morganton, NC 28655 $712,500 Dec 2025 1,512 SF
1556 Zion, Morganton, NC 28655-8988 $285,000 Jul 2025 2,200 SF
301 Avery, Morganton, NC 28655-3104 $1,010,000 Apr 2025 2,400 SF
1270 Burkemont, Morganton, NC 28655-4540 $2,060,000 Dec 2024 2,160 SF
210 Sterling, Morganton, NC 28655-3345 $40,000 Sep 2024 2,350 SF
430 Fleming, Morganton, NC 28655-5313 $205,000 Feb 2024 2,048 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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