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    Property profile & analytics

    1502 Innes St Salisbury, NC 28144-2504

    • Turn key restaurants
    • 5,920 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2193065
    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

    • DJ's Restaurant / Greek Restaurant / Italian Restaurant
    • SK COMPUTER SERVICE / Computer Service / Computer Repair Service

    Property Details for 1502 Innes St

    Year built
    1973
    Lot size
    0.67 lot acres
    Property size
    5,920 SF
    Zone code
    B4
    Property type
    Turn key restaurants
    APN
    021 174
    APU
    21174

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4817
    Latitude
    35.6822
    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
    $12,234
    $401,500
    $621,403
    $1,022,903
    -
    $401,500
    $621,403
    $1,022,903

    Comparable in this City

    • Value Estimation by Request
      3,129 SF

      1624 Innes St

      RESTAURANT • 3,129 SF
      1624 Innes St, Salisbury, NC 28144-2506
      View Details
    • Value Estimation by Request
      4,440 SF

      431 Innes St

      RESTAURANT • 4,440 SF
      431 Innes St, Salisbury, NC 28144-5013
      View Details
    • Value Estimation
      $450,000
      1,713 SF

      1621 Innes St

      RESTAURANT • 1,713 SF
      1621 Innes St, Salisbury, NC 28144-2505
      View Details
    • Value Estimation
      $315,000
      4,896 SF

      1205 Salisbury Ave

      RESTAURANT • 4,896 SF
      1205 Salisbury Ave, Salisbury, NC 28144
      View Details
    • Value Estimation
      $380,000
      4,844 SF

      612 Main St

      RESTAURANT • 4,844 SF
      612 Main St, Salisbury, NC 28144-5411
      View Details
    • Value Estimation
      $485,000
      6,240 SF

      7621 Old Mocksville Rd

      RESTAURANT • 6,240 SF
      7621 Old Mocksville Rd, Salisbury, NC 28144-1258
      View Details

    Similar Nearby for Sale

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      Downtown Salisbury Retail/Warehouse Opportunity

      Retail and warehouse space in Downtown Salisbury for sale.
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      Downtown Salisbury Storefront

      Historic building, prime retail location.
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      Fully occupied, high-return office building.
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    Similar Nearby for Lease

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      6,100 SF

      Downtown Salisbury Restaurant Space

      Prime location, 6100 sq ft, redevelopment opportunity.
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      6,100 SF

      Restaurant Space in Bell Tower

      Restaurant space available in downtown Salisbury's Bell Tower Green.
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      Freestanding Restaurant with Drive-Thru

      Second-generation restaurant with drive-thru, high visibility, and traffic.
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      64,780 SF

      Salisbury Retail Space For Lease

      Prime Retail, 6,319 SF Available
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      64,780 SF

      Innes Street Retail Center

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      Prime Salisbury Executive Office Space

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    Property Visit Statistics

    • Visits by month
      21.4k
    • Visitors by month
      15.9k
    • Avg Time on site
      11 min
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    Salisbury, NC 28144-2504
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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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