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    700 S Long St East Spencer, NC 28144

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    For Sale
    $8,750,000

    Large industrial site with manufacturing buildings, laydown space, and rail.

    Property size:
    397,151 SF

    Property Features for 700 S Long St

    General Information

    Size
    397,151 SF

    Source: Scott Hadley Agent Scott Hadley

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

    Overview

    Heavy Industrial Site For Sale

    This industrial site encompasses approximately 122.97 acres and includes several industrial buildings, offering a substantial area for large-scale operations. The site features approximately 387,151 square feet of space and is fully fenced with gated access. Formerly a brick manufacturing facility, the property includes multiple manufacturing buildings and significant laydown space. The zoning is I-2 (Heavy Industrial). The site benefits from heavy power, including a dedicated substation, and a rail spur. There are approximately 8.5 acres of lay-down and outdoor storage yard. On-site natural gas is available at both the original and current kiln, along with buildings in between, with the plant utilizing 1,200 DTH of natural gas daily. The location provides convenient access to airports and major interstates, situated off I-85 between Greensboro/Winston-Salem and Charlotte. It is located just east of downtown Salisbury and is approximately 6 minutes from I-85, with two convenient interchanges nearby. The site is within 50 miles of Charlotte, Greensboro, and Winston-Salem.
    Location Intelligence

    Current Use by Public Records

    General Shale Brick ... Brick Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4412079
    Latitude
    35.6749166

    FAQs

    What type of property is this?
    Manufacturing property - Large industrial site with manufacturing buildings, laydown space, and rail.
    Where is this manufacturing property located?
    The property is located at 700 S Long St East Spencer, NC.
    What is the asking price?
    The asking price for this property is $8,750,000.
    What are key features of this property?
    This property features: - Heavy industrial site with ±122.97 acres, ideal for large-scale manufacturing.; - Existing infrastructure includes ±387,151 SF of manufacturing buildings and significant laydown space (±8.5 acres).; - Heavy power on site, including a dedicated substation and on-site natural gas.
    (919) 906-0524
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    700 S Long St East Spencer, NC 28144
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    East Spencer, 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
    700 S Long St East Spencer, NC 28144
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