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    1523 Salisbury Ave Statesville, NC 28677

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    For Lease
    $11 SF/Yr ($4,897 /Mo)

    Recently renovated flex space with office and warehouse components.

    Property size:
    5,032 SF
    Lot size:
    1.10 Acres

    Property Features for 1523 Salisbury Ave

    General Information

    Size
    5,032 SF
    Lot size
    1.10 Acres

    Source: Lake Norman Realty Inc Agent Doug Sutherland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Flex Space with Office

    This property features a recently renovated space, including a new roof. It offers 3,317 square feet of multiple office spaces, along with an attached 1,108-square-foot warehouse space that includes a roll-up door. Additional storage space of over 600 square feet is available. The property benefits from a deeded driveway easement on the west side. Improvements are in progress, offering a short-term build-to-suit opportunity. The location provides proximity and easy access to I-77, with a traffic count of 19,000 vehicles per day at the site and 62,500 vehicles per day at nearby I-77. The attached square footage is currently occupied by a sign company. The total property size is 5,032 square feet and is located in Statesville, NC.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.895598
    Latitude
    35.762059

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    FAQs

    What type of property is this?
    Flex space - Recently renovated flex space with office and warehouse components.
    Where is this flex space located?
    The property is located at 1523 Salisbury Ave Statesville, NC.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated, including **new roof**.; - 3,317 sf of **office space** with an additional 1,108 sf of warehouse space with **roll-up door**.; - Proximity and easy access to I-77 with high traffic volume.
    (704) 614-2341
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    Statesville, NC 28677
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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
    1523 Salisbury Ave Statesville, NC 28677
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