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    Salisbury St Asheboro, NC 27203

    For Sale
    $399,900

    Investment - Asheboro, NC

    Lot size:
    5.40 Acres
    Days on Market:
    349
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for Salisbury St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OA-6
    Lot size
    5.40 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Central Realty (336) 626-5600 [email protected]

    Listing agent Bo Davidson (336) 626-5600

    Listing date Dec 30, 2024

    MLS# 1087524 Listing URL

    Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily/Office Land For Sale

    This property, zoned OA6, consists of approximately 5.5 acres of land suitable for multifamily or office development. Located on Salisbury Street in close proximity to Randolph Mall, Sheetz, and Lowe's Hardware, the site benefits from city water and sewer services. The zoning allows for various uses including storage buildings, offices, churches, and apartments. The offering includes 4 parcels to be sold together. The property is zoned for multifamily, office, and some commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.798311
    Latitude
    35.70565

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    FAQs

    What type of property is this?
    Commercial land - 5.5 acres zoned for multifamily, office, and commercial use.
    Where is this commercial land located?
    The property is located at Salisbury St Asheboro, NC.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Zoned OA6 for Multifamily or Office Use; - Large Land Parcel: Almost 5.5 Acres Total; - Prime Location: Close to Randolph Mall, Sheetz, Lowes Hardware
    (336) 626-5600
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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
    Salisbury St Asheboro, NC 27203
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