Property profile

1620 Martin Luther King Jr Ave Salisbury, NC 28144

OFF-MARKET
Office buildings
Property ID
US53-3364699
924 SF 0.02 ac lot Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 924 SF
Lot 0.02 ac (871 SF)
Zoning code M2
APN 017A012
UPID US53-3364699

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
  • Marriage Or Relationship Counselor
  • Charitable Organization Social Service Agency
  • Real Estate Agency
  • Accounting Firm Tax Preparation
  • Hair Salon Nail Salon

Location

1620 Martin Luther King Jr Ave Salisbury, NC 28144-5594
Salisbury metro Census 50202 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2023
Last sale
$130,000
4 recorded transactions
2023
$130,000
2011
$90,000
2007
$88,000
2007
Price N/A

Zoning & alternative use

M2 · 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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