Property profile

1607 Old Concord Rd Salisbury, NC 28146

OFF-MARKET
Medical Office Space
Property ID
US53-5381320
2,459 SF 1.05 ac lot Built 1931
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1931
Total area 2,459 SF
Lot 1.05 ac (45,738 SF)
Zoning code M1
APN 060 049
UPID US53-5381320

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
  • Dental Office

Location

1607 Old Concord Rd Salisbury, NC 28146-1354
Salisbury metro Census 50202 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2021
$171,500
2010
$306,000
2010
$306,000
2008
$306,000

Zoning & alternative use

M1 · 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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