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Financial
Distress signals
Property profile

280 Furniture Dr Salisbury, NC 28147

OFF-MARKET
Retail space
Property ID
US53-1724642
11,680 SF 6.76 ac lot Built 1978
Last sale Mar 2025 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This ±35,684 square foot industrial property, situated on approximately 6.79 acres, presents a significant opportunity for businesses seeking versatile warehouse, manufacturing, or distribution space. The building, constructed in 1978 and extensively renovated in 2024, offers a modern and efficient layout. The space boasts high ceilings, measuring 11.5 feet at the eave and 12.5 feet at the center, providing ample vertical clearance for storage and operations. Loading is facilitated by six…

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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$1.66M
Assessed land$538k
Assessed improvement$1.12M
Effective rate0.67%

Value estimate

· Oct 2026
$2.45M
$2.20M – $2.69M
AI approach$2.00M
CAP approach$2.21M
Submarket $/SF estimate$1.48M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$44 – $138
Qualifying comparables6

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?
CBI
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.3
Electrical Service9.1
Wholesale Shop9.0

Location

280 Furniture Dr Salisbury, NC 28147-9326
County assessor Recorded deeds · 6 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
455 Jake Alexander W, Salisbury, NC 28147 $1,175,000 Oct 2024 9,373 SF
650 Ritchie, Salisbury, NC 28147-8056 $1,505,000 Sep 2024 10,300 SF
415 Jake Alexander W, Salisbury, NC 28147-1369 $4,000,000 May 2023 10,018 SF
705 Jake Alexander W, Salisbury, NC 28147-1200 $1,400,000 Jul 2022 15,065 SF
640 Jake Alexander W, Salisbury, NC 28147-1367 $1,400,000 May 2020 12,560 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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