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    OFF-MARKET
    Office Spaces

    2B Martin Luther King Jr Ave, Salisbury, NC 28144

    1.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Lot 1.53 ac (66,647 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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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