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    S Martin Luther King Jr Ave Salisbury, NC 28144

    Pending
    For Sale
    Contact for pricing

    LAND - Salisbury, NC

    Lot size:
    1.58 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for S Martin Luther King Jr Ave

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Pending
    Zoning
    CMX
    APN
    017 196
    Lot size
    1.58 Acres

    3289llc (919) 815-2890 [email protected]

    Listing agent Reynolds Mcfarlane (919) 275-5868

    Listing date Nov 19, 2025

    MLS# 10094543 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Auction Opportunity

    Located at the intersection of S Martin Luther King Jr Avenue and Mooresville Road in Salisbury, North Carolina, this 1.5-acre parcel is zoned CMX, offering the possibility for commercial use in a high-visibility area. The property, identified as GIS# 017 196 and NCDOT# 206822, has frontage at a well-trafficked crossroads and access to nearby city amenities, positioning it well for a range of business or investment possibilities. This residue property, owned by NCDOT, is being sold via online auction, presenting a chance to acquire land through a streamlined process. Street access and lot size are not guaranteed and should be verified independently by the buyer, who is responsible for all due diligence. Title will be transferred via QuitClaim Deed, and NCDOT reserves the right to cancel the sale at any time prior to the deed being recorded. Buyers should be prepared for the online bidding process, and note that there is a non-refundable Buyer Premium Payment due in addition to the purchase price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.487845
    Latitude
    35.651419

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    FAQs

    What type of property is this?
    Commercial land - 1.5-acre commercial land parcel in Salisbury, NC for sale.
    Where is this commercial land located?
    The property is located at S Martin Luther King Jr Ave Salisbury, NC.
    What is the asking price?
    The asking price for this property is $24,000.
    What are key features of this property?
    This property features: - High-visibility location at the intersection of S Martin Luther King Jr Avenue and Mooresville Road.; - Zoned CMX, offering commercial use possibilities.; - 1.5-acre parcel with frontage on a well-trafficked crossroads.
    (919) 275-5868
    Request Owner's contact information
    S Martin Luther King Jr Ave Salisbury, NC 28144
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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
    S Martin Luther King Jr Ave Salisbury, NC 28144
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