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Williams Rd
Morganton, NC 28655
Land For Sale · 41.47 AC

INVESTMENT HIGHLIGHTS

  • Zoned for residential development with Water and Sewer.
  • Multiple access points including from the main retail corridor.
  • In close proximity to the new NC School of Science and Math.
  • Under HID zoning - up to 20 dwellings per usable acre.
  • Surrounded by national and local retail businesses.
  • Mobile Homes permitted.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Shelter
Total Lot Size 41.47 AC
Zoning HID/MID - High-Mid Density

DESCRIPTION

Large undeveloped tract off of Morganton's main corridor and entrance from I-40 at exit 103. Perfect for multi-family/residential with an approximate 3-acre portion possibly suited for retail. Situated perfectly behind the newly revamped Magnolia Plaza shopping center that includes a vast tenant mix, including Rural King, Big Lots, Harbor Freight, KFC, Taco Bell, and more. It is also across the street from Lowe's Home Improvement and Food Lion. With visibility from I-40 and multiple access points, this makes an ideal site for many development possibilities. Morganton has seen continuous growth and with the new NC School of Science and Math opening their campus in Fall 2022, more developments should follow. Located off of I-40 and US-64 surrounding Magnolia Plaza shopping center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42386
Land Assessment
$360,602
Improvements Assessment
$6,399
Total Assessment
$367,001
  • Listing ID: 26302497

  • Date on Market: 8/1/2022

  • Last Updated:

  • Address: Williams Rd, Morganton, NC 28655

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