Financial
Distress signals
Property profile

318 Salisbury Ave Spencer, NC 28159

OFF-MARKET
Retail space
Property ID
US53-0927600
8,040 SF 0.04 ac lot Built 1900
Last sale Mar 2022 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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?
$3k
Tax billed · 2023
Assessed value$294k
Assessed land$9k
Assessed improvement$285k
Effective rate1.13%

Value estimate

· Sep 2026
$140k
$126k – $154k
AI approach$170k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
County average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$44 – $133

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?
CB:CENTRAL BUSINESS
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 Office11.1
Building Supply10.5
Parking Facility10.3

Location

318 Salisbury Ave Spencer, NC 28159-2237
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1303 Salisbury, Spencer, NC 28159-1918 $350,000 Feb 2026 14,960 SF
514 Salisbury, Spencer, NC 28159-2102 $300,000 Apr 2024 5,400 SF
310 Salisbury, Spencer, NC 28159-2237 $575,000 Oct 2023 13,500 SF
516 Salisbury, Spencer, NC 28159-2102 $162,500 Aug 2021 4,964 SF
119 5th, Spencer, NC 28159-2125 $15,000 Nov 2020 7,250 SF
420 Salisbury, Spencer, NC 28159-2239 $150,000 Apr 2019 3,662 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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