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    Property profile & analytics

    121 Innes St Salisbury, NC 28144-4380

    • Office buildings
    • 3,810 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US53-1395496
    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.

    Current Use by Public Records

    • Sgt. Pepper’s / Bar
    • Timeless Wigs and Marvelous Things / Wig Shop
    • Natural Hair Salon / Beauty Salon
    • Vital Touch Massage Therapy / Sports Massage Therapist / Massage Therapist
    • Italian Grill / Pizza Restaurant / Italian Restaurant

    Property Details for 121 Innes St

    Year built
    1875
    Lot size
    0.04 lot acres
    Property size
    3,810 SF
    Zone code
    B5
    Property type
    Office buildings
    APN
    102541
    APU
    102541

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $200,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $225,000
      Mixed-Use
      $180,000
      Hospitality
      $230,000
      Educational
      $180,000
      Residential Income
      $220,000
      Energy
      $215,000
      Income-Based Land
      $185,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4707
    Latitude
    35.6677
    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
    $1,616
    $37,152
    $182,381
    $219,533
    -
    $37,152
    $182,381
    $219,533

    Comparable in this City

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      500 Church St

      OFFICE BUILDING • 4,800 SF
      500 Church St, Salisbury, NC 28144-4319
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      888 SF

      1408 Long St

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      1408 Long St, Salisbury, NC 28144-3740
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      9,976 SF

      1410 Main St

      OFFICE BUILDING • 9,976 SF
      1410 Main St, Salisbury, NC 28144-3722
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      19,135 SF

      1415 Martin Luther King Jr Ave

      OFFICE BUILDING • 19,135 SF
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    • Value Estimation by Request
      1,000 SF

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      OFFICE BUILDING • 1,000 SF
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    Similar Nearby for Sale

    • Contact for pricing
      35,000 SF

      Salisbury Office Building Redevelopment Opportunity

      2.28-acre assemblage with 35,000 SF office building for sale.
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      Versatile commercial building in historic downtown Salisbury with ample parking.
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      Salisbury Office Building - Great ROI

      Fully occupied, high-return office building.
      620 Innes St, Salisbury, NC 28144
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      Downtown Salisbury Office Suite

      Modern Office Space, Great Location
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      13,575 SF

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    Similar Nearby for Lease

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      13,575 SF

      Class A Medical Office, Salisbury NC

      Prime Medical Office Space Available - Salisbury, NC
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      Office space with attractive outdoor area near Rowan County Court.
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      43,000 SF

      Prime Salisbury Executive Office Space

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    • $800 /Mo

      Salisbury Office Space For Rent

      Office space with reception area and two offices for rent.
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    • Contact for pricing
      64,780 SF

      Salisbury Retail Space For Lease

      Prime Retail, 6,319 SF Available
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    • Contact for pricing
      6,100 SF

      Downtown Salisbury Restaurant Space

      Prime location, 6100 sq ft, redevelopment opportunity.
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      View Details
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    121 Innes St
    Salisbury, NC 28144-4380
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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