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    1160 Peeler Rd Salisbury, NC 28146-1134
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    Property profile & analytics

    1160 Peeler Rd Salisbury, NC 28146-1134


    • Auto shops
    • 8,000 SF
    • 1.32 lot acres
    Off-Market
    Last Sale Oct 29, 2020
    $1,000,000
    Property ID
    US53-1422866
    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
    $1,055,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 1160 Peeler Rd

    Year built
    1999
    Lot size
    1.32 lot acres
    Property size
    8,000 SF
    Zone code
    CBI
    Property type
    Auto shops
    APN
    408 072
    APU
    408072

    Description

    This exceptional 9,000 square foot single-tenant industrial flex building, constructed in 2005, presents a rare opportunity in Rowan County. Situated in a high-traffic area with convenient I-85 access, this property benefits from its proximity to over 2,000,000 square feet of industrial development currently underway. The building features a desirable clear-span design, minimizing interior columns for maximum efficiency. Storage solutions are enhanced by multiple mezzanines, providing ample vertical space. Three 16' x 14' drive-in doors ensure easy loading and unloading of goods. The property includes a fenced yard, offering secure outdoor storage. The building is equipped with a 3-phase power system and a five-year-old HVAC system for optimal climate control. A recycled oil heater provides efficient and cost-effective heating. Minimal office space is included, maximizing the usable square footage for warehouse or flex operations. The property is zoned CB-3, offering flexibility for a variety of industrial uses. This is an ideal location for businesses seeking efficient, well-located industrial space with excellent access to major transportation routes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,145,000
      ML approach
      $1,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,071,000
      Market price range: $412k - $1.98M
      AI Estimate
      $696,000
      Market price range: $399k - $1.08M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,165,000
      Current use
      MEDICAL BUILDING
      $1,130,000
      Change: -3% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,065,000
      Change: -9% Conversion: Moderate
      RESTAURANT
      $960,000
      Change: -18% Conversion: Difficult
      OFFICE BUILDING
      $955,000
      Change: -18% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.5155
    Latitude
    35.6086
    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
    $3,213
    $231,000
    $248,491
    $479,491
    -
    $231,000
    $248,491
    $479,491
    More about this property
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