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    1650 Lutheran Synod Dr Salisbury, NC 28144

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    For Sale
    $525,000

    3,221 SF office building with high visibility and expansion options.

    Property size:
    3,221 SF
    Lot size:
    1.37 Acres

    Property Features for 1650 Lutheran Synod Dr

    General Information

    Size
    3,221 SF
    Lot size
    1.37 Acres

    Source: Freeman Commercial Real Estate Agent Charles Freeman III

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

    Overview

    Office Building with Expansion Potential

    This is a 3,221 square foot office building offering excellent visibility from I-85. The property is located in the rapidly growing city of Salisbury, North Carolina. Additional land is available, presenting opportunities for expansion, a laydown yard, or outside storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alpine Health Spa Alpine Health Club Adult Entertainment Club

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4780387
    Latitude
    35.645858

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    FAQs

    What type of property is this?
    Office building - 3,221 SF office building with high visibility and expansion options.
    Where is this office building located?
    The property is located at 1650 Lutheran Synod Dr Salisbury, NC.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 3,221 SF office building with excellent visibility from I-85; - Well-located in quickly growing Salisbury; - Additional land available for expansion
    (910) 599-6267
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    1650 Lutheran Synod Dr 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
    1650 Lutheran Synod Dr Salisbury, NC 28144
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