1700 1st St, Salisbury, NC 28144-6605
This exceptional 10,817-square-foot warehouse, located at 1700 1st St in Salisbury, North Carolina, presents a significant opportunity. The property sits on a 0.51-acre lot and boasts a single-tenant occupancy status, making it perfect for a business seeking ample space and immediate use. Constructed in 1946, the building features ceiling heights ranging from 12 to 15 feet, providing generous vertical clearance for various storage and operational needs. Access is convenient with one drive-in door. The warehouse also includes a fenced-in lay-down yard offering additional outdoor storage space, totaling approximately 713 square feet. Above the office space, there is additional storage. The property is zoned CMX and is situated in Rowan County, offering easy access to Interstate 85, a mere three-minute drive away. This prime location provides excellent accessibility for transportation and logistics. The entire 10,817 square feet is currently vacant, allowing for immediate customization and occupancy to suit a new tenant's specific requirements. This property is an excellent opportunity for businesses seeking a well-located, spacious warehouse in Salisbury, NC.
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Leonard & Son Mechanical Inc Hardware & Home Improvement HVAC Service
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Owen-Leonard Heating & Air Conditioning, Inc HVAC Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Salisbury, NCSalisbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.