Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Arlington St Salisbury, NC 28144
    Back to Search
    Property profile & analytics

    Arlington St Salisbury, NC 28144

    View on Map
    • Land
    • 2.87 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Arlington St

    Lot size
    2.87 lot acres
    Property type
    Land

    Description

    This exceptional 2.87-acre commercial land parcel presents a rare development opportunity in Salisbury, North Carolina. Strategically located near the I-85 interchange, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any commercial venture. The site is zoned for Commercial Mixed Use, offering a wide range of potential development options. Imagine a hotel, self-storage facility, or general retail establishment thriving in this high-demand location. The property's development-ready status eliminates lengthy permitting delays, allowing for a swift and efficient project timeline. Given the limited availability of similar properties in this tight market, this land represents a significant investment opportunity with substantial long-term potential. The address is N Arlington St, Salisbury, NC 28144, within Rowan County. The asking price for this exceptional property is $950,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving North Carolina market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4607
    Latitude
    35.6605

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      1045 Highland Ave

      Land • 0.38 Acres
      1045 Highland Ave, Salisbury, NC 28144
      View Details
    • Value Estimation by Request
      924 SF

      635 Andrews St

      COMMERCIAL (GENERAL) • 924 SF
      635 Andrews St, Salisbury, NC 28144-8724
      View Details
    • Value Estimation by Request
      1,274 SF

      115 Lee St

      COMMERCIAL (GENERAL) • 1,274 SF
      115 Lee St, Salisbury, NC 28144-4913
      View Details
    • Value Estimation by Request
      1,988 SF

      102 Reamer Cir

      COMMERCIAL (GENERAL) • 1,988 SF
      102 Reamer Cir, Salisbury, NC 28144-5732
      View Details
    • Value Estimation by Request

      119 Lee St

      Commercial real estate
      119 Lee St, Salisbury, NC 28144
      View Details
    • Value Estimation by Request
      0.76 Acres

      Henderson St

      COMMERCIAL (GENERAL) • 0.76 Acres
      Henderson St, Salisbury, NC 28144
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Land in Rowan County Auction

      Land for sale via online auction in Rowan County.
      Old Concord Rd, Salisbury, NC 28144
      View Details
    • $83,000
      4.75 Acres

      Salisbury Land For Sale

      4.75 acre land parcel in Salisbury, North Carolina.
      Hawkinstown Rd, Salisbury, NC 28144
      View Details
    • $697,000
      34.82 Acres

      34.82 Acres in Salisbury, NC

      Land with development potential in a convenient location.
      2430 Grubb Ferry Rd, Salisbury, NC 28144
      View Details
    • Contact for pricing
      Pending

      Land in Historic Salisbury

      0.19 acre lot near highway and shopping.
      418 South Fulton St, Salisbury, NC 28144
      View Details
    • Contact for pricing

      One Acre Lot in Salisbury

      One acre lot in St Johns Woods neighborhood.
      335 Young Rd, Salisbury, NC 28144
      View Details
    • Contact for pricing
      35,000 SF

      Salisbury Office Building Redevelopment Opportunity

      2.28-acre assemblage with 35,000 SF office building for sale.
      1236 W Innes St, Salisbury, NC 28144
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Space in Bell Tower Green

      Restaurant space available in downtown Salisbury's Bell Tower Green.
      115 S Jackson St, Salisbury, NC 28144
      View Details
    • Contact for pricing

      Freestanding Restaurant with Drive-Thru

      Second-generation restaurant with drive-thru, high visibility, and traffic.
      707 E Innes St, Salisbury, NC 28144
      View Details
    • Contact for pricing
      351,572 SF

      Industrial Facility Near I-85

      351,572 SF industrial facility with I-85 access.
      950-970 Long Ferry Rd, Salisbury, NC 28144
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Salisbury, North Carolina.
      815 E Innes St, Salisbury, NC 28144
      View Details
    • $800 /Mo

      Office Space in Salisbury, NC

      Office space with reception area and two separate offices.
      315 N Main St, Salisbury, NC 28144
      View Details
    • $3,600 /Mo
      4,356 SF

      Remodeled Commercial Building For Lease

      Fully remodeled commercial building in the heart of Granite Quarry.
      106 N Main St, Granite Quarry, NC 28144
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Arlington St
    Salisbury, NC 28144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Arlington St, Salisbury, NC, 28144
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!