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Financial
Distress signals
Property profile

1700 1st St Salisbury, NC 28144

OFF-MARKET
Warehouses
Property ID
US53-2412424
6,900 SF 0.52 ac lot Built 1946
Last sale Oct 2024 · $365,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,817-square-foot warehouse, located at 1700 1st St in Salisbury, North Carolina, presents a significant opportunity. The property sits on a 0.51-acre lot and boasts a single-tenant occupancy status, making it perfect for a business seeking ample space and immediate use. Constructed in 1946, the building features ceiling heights ranging from 12 to 15 feet, providing generous vertical clearance for various storage and operational needs. Access is convenient with one drive-in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$154k
Assessed land$55k
Assessed improvement$100k
Effective rate1.20%

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$365k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$38/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$20 – $61
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.9
Dental Office9.9
Bakery9.5

Location

1700 1st St Salisbury, NC 28144-6605
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
325 Lee, Salisbury, NC 28144-5036 $45,000 Jun 2024 5,928 SF
1029 Main, Salisbury, NC 28144-6421 $450,000 Apr 2024 8,250 SF
1314 Long, Salisbury, NC 28144-3739 $220,000 Dec 2023 5,306 SF
123 Innes, Salisbury, NC 28144 $1,850,000 Oct 2022 5,600 SF
101 Church, Salisbury, NC 28144 $1,850,000 Oct 2022 10,040 SF
529 Franklin, Salisbury, NC 28144-4521 $160,000 Aug 2022 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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