Entity Owned Property summary
This exceptional income-producing commercial property, located at 110 Piper Lane in Salisbury, NC, presents a compelling investment opportunity. The 12.03-acre site includes two industrial/warehouse buildings totaling 70,000 square feet, situated on 9.73 acres, with an additional 2.3 acres of excess land boasting 337 feet of frontage along S. Main St. (US-29). Its convenient location offers easy access to I-85 (1.7 miles away) and proximity to the Mid-Carolina Regional Airport. Currently… 100% occupied by a mix of local and national tenants under short-term, flexible modified gross leases, this property offers significant upside potential. Below-market rents, averaging $1.97 per square foot annually, provide a strong foundation for future growth. Building 130, constructed in 1920 and renovated in 1974, comprises 60,000 square feet across four bays, leased to three warehouse tenants. This brick structure features seven dock-high doors, four drive-in doors, clear heights up to 20 feet, and office space. Building 110, a 10,000-square-foot structure built in 1929, houses an auto service tenant and includes two overhead drive-in doors. The property is zoned LI-Light Industrial, allowing for a wide range of permissible uses. An August 2024 appraisal is available for qualified buyers. This property is part of a larger family-owned portfolio of income-producing properties in Salisbury.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 59,800 SF
- Lot area
- 12.03 ac
- Year built
- 1920
- Stories
- 1
- APN
- 471 036
- Zoning
- SPLJ
- Assessed value · 2023
- $828,424
- Annual tax · 2023
- $9,908
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
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