Financial
Distress signals
Property profile

115 Main St N Faith, NC 28041

FOR SALE
Retail space
Property ID
US53-1877860
1,087 SF 0.08 ac lot Built 1939
Last sale Oct 2007 · $800,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$661
Tax billed · 2023
Assessed value$67k
Assessed land$14k
Assessed improvement$53k
Effective rate0.99%

Value estimate

· Sep 2026
$150k
$135k – $165k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 3.51% cap applied$22k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
3.51%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.5
Building Supply11.3
Restaurant10.1

Location

115 Main St N Faith, NC 28041
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
117 Main Gq, Salisbury, NC 28146 $375,000 Mar 2025 1,888 SF
106 Main Gq, Salisbury, NC 28146 $120,000 Jan 2025 1,944 SF
115 Salisbury Gq, Salisbury, NC 28146 $760,000 Apr 2024 1,300 SF
3785 Bringle Fry, Salisbury, NC 28146-9255 $250,000 Dec 2022 1,838 SF
109 Main Gq, Salisbury, NC 28146 $129,000 Aug 2021 1,561 SF
5035 Faith, Salisbury, NC 28146-8502 $240,000 Jun 2020 2,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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