Property profile

121 Council St Salisbury, NC 28144

OFF-MARKET
Residential income homes
Property ID
US53-1528515
13,416 SF 0.13 ac lot Built 1920
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1920
Total area 13,416 SF
Lot 0.13 ac (5,445 SF)
Zoning code B5
APN 102455
UPID US53-1528515

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Apartment Building Historical Landmark
  • Crisis Center Medical Clinic
  • Advertising Agency Marketing & Advertising
  • Counselor

Location

121 Council St Salisbury, NC 28144-4377
Salisbury metro Census 52000 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k

Owner & transaction history

since 2021
Last sale
$800,000
2 recorded transactions
2021
$800,000
2021
Price N/A

Zoning & alternative use

B5 · Salisbury, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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