18+/- Acres - Will Sell to the Highest Bidder over $319,000 Morganton, NC

Property Location MAP

102 W Morganton Heights Blvd
Morganton, NC 28655

Property #: FX1937

Contact Agent

David Barnhardt
Tranzon Fox

704-806-3131 dbarnhardt@tranzon.com
Opportunity knocks! 18+/- acres in area ripe for development will sell to the highest bidder over $319,000! Zoned High Intensity Development (HID) the possibilities are almost endless. This zoning allows light industrial, distribution, office, daycare and much more. Property is the former Henredon Furniture Factory, adjacent to Wal-Mart and walking distance to shopping, offices, service industries and more. Just minutes from I-40, one hour to the Asheville Airport and only 90 minutes from Charlotte.

Well located in efficiently run Burke County. The area has great economic development and job opportunities – in fact they have an immediate need of more housing units so this property makes a great support piece for the growing population! Note, also, that the NC School of Science and Math has committed to developing a Morganton Campus. So, small retail strip or flex warehouse would be a welcome addition. This community is small town living at its best – they have leadership with vision and initiatives in place, moderate weather and near the AP Trail and beautiful NC mountains.

Please see complete zoning details and area housing report in this property information package. A Phase I environmental report and NC Dept of Environmental and Natural Resources “No further auction” letter are available for review; just sign our online confidentiality and non-reliance agreement then download.

Parcel ID#: 60642
2019 Tax Assessment: $422,443
2019 Annual Taxes: $2,936


Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

NCAF4953

Directions:

I 40 to exit 103, Morganton. North on NC Hwy 64. Left on W. Flemming Dr. Left on Morganton Heights Blvd.. Immediate right, property is located just beyond the Walmart.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact David Barnhardt

David Barnhardt: Tranzon Fox

704-806-3131 dbarnhardt@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid. Buyer to pay past taxes.
  • Closing: Closing must occur on or before December 5, 2019. Sold in As-Is condition, no contingencies.
  • Deposit Amount: 10% deposit due within 24 hours of being notified that you are the successful high bidder.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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