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    Property profile & analytics

    665 Fleming Dr Morganton, NC 28655-4450

    • Turn key restaurants
    • 5,692 SF
    • 2.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3717106
    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.

    Current Use by Public Records

    • FaZe Subs / Delivery Restaurant
    • Applebee's Grill + Bar / Traditional American Restaurant / Hamburger Restaurant

    Property Details for 665 Fleming Dr

    Year built
    2014
    Construction
    WOOD FRAME
    Lot size
    2.46 lot acres
    Property size
    5,692 SF
    Zone code
    CONDITIONAL USE
    Property type
    Turn key restaurants
    APN
    60688
    APU
    60688

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.7026
    Latitude
    35.7288
    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
    $18,481
    $1,062,500
    $2,237,659
    $3,300,159
    -
    $1,062,500
    $2,237,659
    $3,300,159

    Comparable in this City

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      1,706 SF

      3030 Us 64th, Unit 2

      RESTAURANT • 1,706 SF
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    • Value Estimation
      $200,000
      2,048 SF

      430 Fleming Dr

      RESTAURANT • 2,048 SF
      430 Fleming Dr, Morganton, NC 28655-5313
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    • Value Estimation
      $310,000
      2,361 SF

      710 Carbon City Rd

      RESTAURANT • 2,361 SF
      710 Carbon City Rd, Morganton, NC 28655-4144
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      $450,000
      2,360 SF

      103 Grn St

      RESTAURANT • 2,360 SF
      103 Grn St, Morganton, NC 28655-3423
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    • Value Estimation
      $390,000
      3,961 SF

      601st S Grn St

      RESTAURANT • 3,961 SF
      601st S Grn St, Morganton, NC 28655-3532
      View Details
    • Value Estimation
      $370,000
      7,999 SF

      116 Main St

      RESTAURANT • 7,999 SF
      116 Main St, Morganton, NC 28655
      View Details

    Similar Nearby for Sale

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      Established Seafood Business Opportunity

      Turnkey seafood business with real estate and equipment included.
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    Similar Nearby for Lease

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      Morganton, NC: Prime Retail Opportunity
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    • $21 SF/Yr
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      Restaurant/Retail Space Available For Rent

      5,600 SF restaurant/retail space with tenant improvement allowance.
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      Retail Space in Morganton, NC

      Retail space available for lease in Morganton, North Carolina.
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    • Contact for pricing
      177,808 SF

      400 Morganton Heights Blvd

      Lifestyle centers • 177,808 SF
      400 Morganton Heights Blvd, Morganton, NC 28655
      View Details

    Property Visit Statistics

    • Visits by month
      17.5k
    • Visitors by month
      15.3k
    • Avg Time on site
      69 min
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    665 Fleming Dr
    Morganton, NC 28655-4450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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