905 Carbon City Rd, Morganton, NC 28655
This unique Morganton, NC property presents a compelling investment opportunity. Located at 905 Carbon City Rd, this 1.38-acre lot features a 720-square-foot building currently operating as a successful short-term vacation rental with a retail greenhouse and garden. Built in 1900, the property boasts a two-bedroom, one-bathroom residence fully furnished and decorated for immediate rental income. The existing short-term rental enjoys approximately 85% occupancy, generating healthy cash flow. The attached greenhouse has recently been updated with new plastic sheeting and includes a retractable rear panel, offering expansion potential. Further income streams could be developed from an existing RV site with complete hookups (electric, water, sewer). The property also features an attractive rear pond and waterfall area, suitable for hosting small events or parties. The asking price is $320,000. This turnkey operation offers immediate income and significant upside potential in a desirable location between Morganton and Glen-Alpine, conveniently situated on US 70/Carbon City Rd, in Burke County, NC, zip code 28655. The property's combination of established rental income, retail space, and additional development possibilities makes it an exceptional investment.
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Campgrounds Coffee Co. Cafe & Coffee Shop
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Root 70 Gardens & Antiques Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.