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    505 Grace Church Rd Salisbury, NC 28147

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    For Lease
    Contact for pricing

    293,918 SF industrial space for lease near I-85.

    Property size:
    293,918 SF
    Lot size:
    293,918 SF

    Property Features for 505 Grace Church Rd

    General Information

    Size
    293,918 SF

    Source: Bill Wood Agent Bill Wood

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

    Overview

    Proposed Industrial Development in Rowan

    This proposed industrial development is located in Rowan County. The building, with a size of 293,918 square feet, is divisible and ready for construction, having already been designed, fully approved, and priced. The site is graded and shovel ready, with construction potentially completed within 10 months after lease execution. Office space is build-to-suit. The building features a 36-foot clear height, 49 dock-high doors, and 6 drive-in doors. It is equipped with an ESFR sprinkler system. The building dimensions are 988 feet by 310 feet, situated on a 34.15-acre site. The floor is a 4,000 PSI slab with a 10 mil vapor barrier, and the roof is a 45 mil mechanically fastened TPO. Additional parking is available on a 1.7-acre lot for cars and trailers. Strategically positioned just 2.2 miles from I-85, Grace Logistics offers quick access to I-485, Uptown Charlotte, and Greensboro, making it an ideal location for logistics or manufacturing users seeking speed-to-market and regional connectivity.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Pharmacy Auto Parts Store

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

    Similar Places Nearby

    Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.542648
    Latitude
    35.61612

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    FAQs

    What type of property is this?
    Warehouse - 293,918 SF industrial space for lease near I-85.
    Where is this warehouse located?
    The property is located at 505 Grace Church Rd Salisbury, NC.
    What are key features of this property?
    This property features: - Shovel-ready site with all approvals in place, enabling immediate construction; - Strategic location just 2.2 miles from I-85, providing excellent regional connectivity to Charlotte and Greensboro; - Rapid construction timeline: Completion possible within 10 months of lease execution
    (704) 906-2763
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    505 Grace Church Rd Salisbury, NC 28147
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    Salisbury, NC 28147
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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
    505 Grace Church Rd Salisbury, NC 28147
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