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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Banks
130 Main St Salisbury, NC 28144-4968
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1831548
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1965
Total area
22,463 SF
Lot
0.92 ac (39,988 SF)
Zoning code
B5
APN
102531
UPID
US53-1831548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Keith Johnson at Supreme Lending Loan Service Bank
-
Families First-NC, Inc. Social Service Agency Community Center
-
Fraley Lucinda L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$920k
Blend (final)
Blend
$870k
Owner & transaction history
City Of Salisbury · 3 yrs held
City Of Salisbury
since 2022
Last sale
$873,500
5 recorded transactions
Zoning & alternative use
B5 · Salisbury, NC
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$560,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $874k (Oct 31 2022)
Last sale anchor
$874k
Oct 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,765
Tax year 2023
Assessed value
$1,055,061
Assessed 2023
Previous assessed
$906,893
+16.3% YoY
Effective rate
0.74%
On assessed value
Assessed land
$540,000
Assessed improvement
$515,061
Land market value
$540,000
Improvement market value
$515,061
Total market value
$1,055,061
Applied tax rate
131.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1965
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
22,463 SF
Lot
0.92 ac (39,988 SF)
Zoning code
B5
APN
102531
UPID
US53-1831548
Jurisdiction
ROWAN
Zoning & alternative use
B5 · Salisbury, NCZoning B5 · permitted uses
B5 · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Land Development Ordinance
Building & site characteristics
From public records
Year built
1965
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
City Of Salisbury
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 479, SALISBURY, NC 28145-0479
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
$873,500
City Of Salisbury
130 Parkview LLC
Special Warranty Deed
—
May 9, 2022
$906,893
The City Of Salisbury
130 Parkview LLC
Land Contract
$906,893 · Not Available
Apr 16, 2021
$625,000
130 Parkview LLC
Wells Fargo Bank NA
Warranty Deed
—
Mar 6, 2013
$100,000
Fargo Bk NA Wells
University Of Alabama/birmingham
Grant Deed
—
Feb 28, 2013
$100,000
Wells Fargo Bank NA
Board Of Trustees Of The University Of Alabama
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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