2B Martin Luther King Jr Ave, Salisbury, NC 28144
This exceptional commercial light industrial property, located at 2B S Martin Luther King Jr Avenue Unit 2B, Salisbury, NC, presents a fantastic opportunity for businesses seeking a strategic location. Boasting 1.53 acres of land, this property offers significant potential for various commercial ventures. Its prime position near Interstate 85 and its convenient access via Jake Alexander Boulevard ensure high visibility and easy accessibility for clients and employees. The property benefits from a prominent road frontage on the busy Martin Luther King Jr Boulevard, maximizing exposure to potential customers. City water and sewer services are readily available, subject to a tap fee. The property is currently designated as office space, but its versatility allows for a range of commercial uses. This is a rare opportunity to acquire a substantial property in a high-traffic area with excellent infrastructure. The property is being sold subject to a first right of refusal, so interested parties should act quickly. Further details regarding the specific terms of the first right of refusal are available upon request. Don't miss this chance to establish your business in a thriving location with significant growth potential. This property is ready for your vision and entrepreneurial spirit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.