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    123 Arlington St Salisbury, NC 28144-4614
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    Property profile & analytics

    123 Arlington St Salisbury, NC 28144-4614


    • Drive through restaurants
    • 7,277 SF
    • 2.14 lot acres
    Off-Market
    Last Sale Jul 28, 2020
    Property ID
    US53-1505889
    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
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 123 Arlington St

    Year built
    2004
    Lot size
    2.14 lot acres
    Property size
    7,277 SF
    Zone code
    B7
    Property type
    Drive through restaurants
    APN
    059 130
    APU
    59130

    Description

    This exceptional turn-key restaurant space, totaling 7,466 square feet, presents a unique opportunity for immediate occupancy in a prime Salisbury, North Carolina location. Situated at 123 N Arlington St, zip code 28144, this single-tenant property boasts a highly desirable location within a thriving retail corridor. The building is conveniently located near major traffic arteries, including I-85 exit 76, ensuring high visibility and accessibility for potential customers. The property benefits from ample parking, with 110 spaces available for patrons and staff. Previously occupied by a well-established restaurant, the space is fully equipped and ready for immediate operation, eliminating the need for extensive renovations or build-out. Its proximity to popular national chains like Chick-Fil-A and Outback Steakhouse further enhances its appeal and potential for success. This is an ideal opportunity for an experienced restaurateur seeking a move-in ready establishment in a high-traffic area of Salisbury. The property is classified as Retail and Restaurant, offering a versatile space adaptable to various culinary concepts. This turn-key solution minimizes upfront investment and allows for a rapid launch of operations. Don't miss this chance to establish your business in a vibrant and successful retail environment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $917,000
      Market price range: $354k - $917k
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $875,000
      Current use
      AUTO REPAIR, GARAGE
      $1,060,000
      Change: +21% Conversion: Difficult
      MEDICAL BUILDING
      $1,025,000
      Change: +17% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $970,000
      Change: +11% Conversion: Easy
      OFFICE BUILDING
      $835,000
      Change: -4% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4601
    Latitude
    35.6604
    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
    $27,999
    $932,180
    $1,408,865
    $2,341,045
    -
    $932,180
    $1,408,865
    $2,341,045
    More about this property
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