You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

1609 Salisbury Rd Statesville, NC 28677

9,996 SF 1.17 ac lot Built 1966
Property ID
Property summary
AI-generated overview

This 9,996 square foot commercial property in Statesville, NC, presents a unique opportunity. Located at 1609 Salisbury Rd, this single-story, 1966-built building (renovated in 2000) sits on a 1.17-acre lot with 140 feet of road frontage and excellent visibility on I-70, boasting 35,000 vehicles passing daily. The property is zoned for commercial uses including shops, restaurants, and bars, and the Statesville Planning Department will approve retail conversion. Currently vacant, the space is divisible down to 5,000 square feet, offering flexibility for multiple tenants or a single large occupant. Features include a 12-foot ceiling height, 60 parking spaces, and three ingress/egress points. The property's location offers easy access to I-77 (Exit 49A) and I-40. With its ample parking, high traffic count, and flexible zoning, this property is ideal for a variety of retail or commercial uses. The building is adaptable and can be customized to suit the needs of the right tenant, with build-to-suit options available for long-term leases (10-20 years). The property is also available for sale. Property taxes are $0.30 per square foot. The building's Class is C.

Property profile
Verified
Property type Warehouses
Year built 1966
Total area 9,996 SF
Lot 1.17 ac (50,965 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1609 Salisbury Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message