2160 Morganton BlvdLenoir, NC 28645

Property Details for 2160 Morganton Blvd

Year built

2020

Construction

STEEL FRAME

Lot size

2.03 AC

Property size (Sq ft)

11,297 SF

Property type

Commercial real estate

APN

06 97 1 8

APU

69718

Description

This exceptional 1.4-acre commercial land parcel presents a unique investment opportunity in Lenoir, North Carolina. Located adjacent to a thriving retail corridor featuring established businesses like Food Lion and Dollar General, this property boasts high visibility and convenient access. The site benefits from significant daily traffic counts on nearby Harper Avenue (9,137 VPD) and US-64 (16,228 VPD), ensuring substantial exposure for any future development. The property's B-2 General Business zoning allows for a wide range of uses, including retail, restaurant, office, and mini-warehouse spaces, providing flexibility for diverse development plans. Strong demographics further enhance the property's appeal, with a 5-mile radius encompassing approximately 36,433 residents and an average household income of approximately $53,175. The location is also strategically positioned near major employers such as a Google data center (approximately 1.5 miles away), Broyhill Furniture Industries (approximately 0.7 miles away), and Malouf Sleep Products (approximately 0.6 miles away), creating a robust and growing market. This property is being offered via an absolute $1 auction with no reserve, presenting a compelling opportunity for investors seeking high-potential commercial land in a dynamic location. The auction will take place December 9-11, 2024. The property is located adjacent to 2160 Morganton Blvd SW, Lenoir, NC 28645, in Caldwell County.

• Alternative Use

  Use

  Valuation

  Residential

  $3,021,347

  Hospitality

  $2,767,538

  Educational

  $2,302,559

  Medical

  $2,381,747

  Retail

  $3,581,758

Location Insight

City

Lenoir

County

Caldwell

State

North Carolina

Latitude

35.896

Longitude

-81.5666

CBSA code

25860

CBSA name

HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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