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    1121 Old Concord Rd Salisbury, NC 28146
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    Property profile & analytics

    1121 Old Concord Rd Salisbury, NC 28146


    • Office buildings
    • 9,084 SF
    • 0.62 lot acres
    Renovated Office Suites with Amenities For Lease
    $500/Mo

    Renovated Office Suites with Amenities

    Newly renovated office suites with included utilities and high-speed internet.

    1121 Old Concord Road, Salisbury, NC 28146
    View Listing
    Property ID
    US53-0145055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Howard Brown Agency Inc / Insurance Agency
    • PC Pro (Tech NC) / Computer & Electronic Repair
    • Quick Release Bail Bonds, LLC / Law Firm
    • All Your Heart Needs CPR / Training Center / Vocational School
    • Pediatric Advanced Therapy / Medical Clinic / Pediatrician

    Property Details for 1121 Old Concord Rd

    Year built
    1985
    Lot size
    0.62 lot acres
    Property size
    9,084 SF
    Zone code
    M1
    Property type
    Office buildings
    APN
    069 00402
    APU
    6900402

    Description

    This fully renovated, 15-suite office building in Salisbury, NC presents a compelling investment opportunity. Completed within the last five years, the property boasts 100% occupancy, generating a substantial annual gross income of $142,956. The building offers a range of desirable features designed to attract and retain tenants, including a shared lobby, a convenient breakroom, and ample parking with 38 spaces. Each of the fifteen executive office suites is currently leased, ensuring immediate cash flow for the new owner. The property's strategic location provides excellent accessibility, situated just 0.6 miles from Interstate 85 and 1.5 miles from downtown Salisbury, offering tenants easy access to major transportation routes and the city's amenities. This turnkey operation requires minimal management, making it an ideal investment for those seeking a stable and profitable commercial real estate asset. The 0.62-acre lot provides ample space for the building and its parking facilities. The building's recent renovation ensures modern aesthetics and functionality, minimizing the need for immediate capital expenditures. This is a rare opportunity to acquire a high-performing, income-generating office building in a desirable location. The property is ready for immediate ownership and offers a strong return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $539,000
      Market price range: $540k - $1.57M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4741
    Latitude
    35.646
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,434
    $73,253
    $381,131
    $454,384
    -
    $73,253
    $381,131
    $454,384
    View Listing
    More about this property
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