Financial
Distress signals
Property profile

1015 Martin Luther King Jr Ave Salisbury, NC 28144

OFF-MARKET
Office buildings
Property ID
US53-2360449
1,346 SF 7.72 ac lot Built 1925
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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?
$4k
Tax billed · 2023
Assessed value$302k
Assessed land$190k
Assessed improvement$112k
Effective rate1.20%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$82 – $157
Qualifying comparables11

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Office14.5
Laundry Service9.6
Storage Facility9.5

Location

1015 Martin Luther King Jr Ave Salisbury, NC 28144-5691
County assessor Recorded deeds · not on file 11 qualifying comp sales Zoning catalog · not on file

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
644 Statesville, Salisbury, NC 28144-2280 $160,000 May 2024 1,250 SF
120 Council, Salisbury, NC 28144-5179 $800,000 Aug 2023 950 SF
218 Mocksville, Salisbury, NC 28144-3326 $235,000 Apr 2023 1,228 SF
425 Main, Salisbury, NC 28144-4302 $200,000 Oct 2022 1,595 SF
510 Franklin, Salisbury, NC 28144-4553 $160,000 Aug 2022 1,012 SF
129 Main, Salisbury, NC 28144-4304 $350,000 May 2022 1,485 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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