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    Industrial Property on 1.69 Acres Title is generated by Realmo AI

    2110 S Main St, Salisbury, NC 28147

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    Industrial property with a 5.06% cap rate and $32,130 NOI.

    Type:Industrial
    Property size:
    8,900 SF
    Lot size:
    1.69 Acres
    Price / SF:
    $71/SF
    Added:
    Jan 28, 2026
    Days on Market:
    159
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 2110 S Main St

    General Information

    Standard status
    Active
    Size
    8,900 SF
    Lot size
    1.69 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1953

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    David Bennett

    Listing office Matthews

    Listing date Jan 28, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Matthews

    HighLights

    • Large 1.69 Acre Lot Size
    • Net Operating Income (NOI) of $32,130
    • Cap Rate of 5.06%
    • Located at 2110 S Main St
    • Built in 1953

    Overview

    The property at 2110 S Main St features an industrial building on a 1.69-acre lot. The property has a cap rate of 5.06% and a net operating income of $32,130. The building encompasses 8,900 square feet.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $84.4k $9.48
    − Vacancy −$6.9k −$0.78
    EGI $77.5k $8.70
    − OpEx −$23.2k −$2.61
    NOI $54.2k $6.09
    8,900 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $774.5K
    $677.7K – $903.6K (±1% cap)
    NOI $54,217 @ 7.0% cap · market cap 8.54%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.80M
    $2.45M – $3.27M (±1% cap)
    NOI $196,085 @ 7.0% cap · market cap 30.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mac Glass Hardware & Home Improvement Davie Glass Services General Contractor

    Suggested Use

    Law Firm Real Estate Agency Storage Facility Kitchen & Bath Showroom Dental Office Accounting Firm Bar & Pub Cafe & Coffee Shop Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4996515
    Latitude
    35.651256

    FAQs

    What type of property is this?
    Industrial property - Industrial property with a 5.06% cap rate and $32,130 NOI.
    Where is this industrial property located?
    The property is located at 2110 S Main St Salisbury, NC.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: Large 1.69 Acre Lot Size; Net Operating Income (NOI) of $32,130; Cap Rate of 5.06%
    More about this property
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