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    1935 Jake Alexander Blvd Salisbury, NC 28147

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    For Sale
    Contact for pricing

    1.05-Acre Commercial Land, Highway 70 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Salisbury, North Carolina. Located at 1935 Jake Alexander Boulevard W, this property is the last remaining outparcel of the Salisbury Mall, offering unparalleled visibility and accessibility. The site boasts prime frontage on Highway 70/Statesville Boulevard, ensuring high traffic exposure for any future development. Currently zoned HB (Highway Business), this raw land is ready for immediate development. Its strategic location is nestled between two well-maintained businesses within the West End Plaza, benefiting from the existing infrastructure and established commercial environment of the mall parking lot perimeter. The property's address is 1935 Jake Alexander Boulevard West, Salisbury, NC 28147, and its convenient location offers easy access to major roadways and a thriving community. This is an exceptional chance to acquire a highly desirable commercial lot in a rapidly growing area, ideal for a variety of retail or commercial ventures. The seller is offering the property for sale or ground lease, providing flexibility for potential buyers or lessees. Don't miss this opportunity to secure this prime development site in a highly sought-after location.

    Property Features for 1935 Jake Alexander Blvd

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Closet 2 Consignment Shop Bath & Body Works Beauty Supply Store Badcock Home Furniture ... Electrical Supply Store Big Lots Department Store Teri Kidz Consignment Consignment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -80.515554527839
    Latitude
    35.694374462003

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    FAQs

    What type of property is this?
    Retail property - 1.05-Acre Commercial Land, Highway 70 Frontage
    Where is this retail property located?
    The property is located at 1935 Jake Alexander Blvd Salisbury, NC.
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    1935 Jake Alexander Blvd 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
    1935 Jake Alexander Blvd Salisbury, NC 28147
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