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    518 Fleming Dr Morganton, NC 28655-3924

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    518 Fleming Dr Morganton, NC 28655-3924


    • Theaters & concert halls
    • 7,780 SF
    • 2.05 lot acres
    Off-Market
    Last Sale Oct 28, 2022
    $461,500
    Property ID
    US53-1556287
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Car Rental Facility
    • Thrive Church / Church
    • Iglesia Pentecosta Unida Hispana, Morganton / Church
    • SUM Storage / Storage Facility

    Property Details for 518 Fleming Dr

    Year built
    1976
    Construction
    WOOD FRAME
    Lot size
    2.05 lot acres
    Property size
    7,780 SF
    Zone code
    HIGH INTENSITY DIST
    Property type
    Theaters & concert halls
    APN
    32274
    APU
    32274

    Description

    This exceptional retail property, located at 518-520 W. Fleming Dr in Morganton, NC, offers 25,200 square feet of new construction space. The property features a mix of unit sizes, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 25,200 square feet, allowing for flexibility in tenant needs. Currently, 37,800 square feet is available for lease. This development is situated on a main retail corridor, boasting excellent visibility and accessibility, enhanced by its own signalized intersection. The strategic location provides close proximity to numerous national retailers, capitalizing on existing commercial activity. The property's adjacency to the new North Carolina School of Science and Math, sharing a designated traffic light, ensures high traffic volume and exposure to a significant population. This development is part of a growing area experiencing substantial residential and commercial growth, making it an ideal location for businesses seeking to establish or expand their presence in a thriving market. The property is located in Burke County, NC, zip code 28655. This is a rare opportunity to secure space in a brand-new, high-traffic retail center in a rapidly developing area.


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    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.6878
    Latitude
    35.7342
    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
    $2,668
    $307,500
    $169,005
    $476,505
    -
    $307,500
    $169,005
    $476,505
    More about this property
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