480 Mill Run Rd Salisbury, NC 28144
- Investment properties
- 8,825 SF
- 5.46 lot acres
Current Use by Public Records
- Hallco Industries, Inc. North Carolina / Material Handling Equipment Supplier / Manufacturer
Property Details for 480 Mill Run Rd
- Year built
- 1980
- Lot size
- 5.46 lot acres
- Property size
- 8,825 SF
- Property type
- Investment properties
Description
This exceptional 8,825 square-foot commercial building, situated on a 5.46-acre lot at 480 Mill Run Road in Salisbury, NC, presents a unique investment opportunity. Built in 1980, the property enjoys unparalleled visibility and convenient access to Interstate 85, a major transportation artery. The building's design is highly adaptable, making it suitable for a wide range of commercial uses. Imagine a thriving commercial vehicle repair operation, leveraging the existing outdoor covered wash bay and oil changing pit, or a robust warehouse and distribution center, utilizing the ample storage space and multiple tool/parts rooms. The three 14-foot drive-thru bay doors ensure efficient loading and unloading. The interior layout is equally impressive, featuring over eight designated office spaces, providing ample room for administrative functions. Six restrooms and a kitchen/lounge area cater to employee needs. The upstairs office provides a commanding view of the expansive shop floor, enhancing operational oversight. This property's strategic location, approximately 30 miles north of Charlotte and 40 miles south of Greensboro, NC, offers access to a large and diverse workforce and customer base. This is a rare opportunity to acquire a well-maintained, versatile commercial property with significant potential for growth and profitability. The property's size, features, and location combine to create a compelling investment proposition. The asking price is $898,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.4201
- Latitude
- 35.67664