1820 Martin Luther King Jr Ave, Salisbury, NC 28144-5590
This exceptional industrial property, located at 1820 Martin Luther King Jr Ave in Salisbury, NC, offers 100,000 square feet of warehouse space in a single-tenant building situated on approximately 5.52 acres. Built in 1983, this two-story structure boasts impressive features including 24-foot clear height at the front (22-foot eaves) and 20-foot clear height at the rear (17-foot eaves). The property includes four dock-high doors and two drive-in doors, ensuring efficient loading and unloading. Ample power is provided by a 2000-amp, 480-volt, 3-phase system. The building also features approximately 5,000 square feet of office space spread across two stories. Column spacing is 24'5" x 38'. The warehouse benefits from a wet sprinkler system and is strategically located just one mile from I-85, offering excellent access to major transportation routes. Furthermore, the property has the potential for rail access. The building is equipped with several cranes, including one 500 lb jib crane, one 500 lb bridge crane, one 1/2 ton jib crane, and six 3-ton bridge cranes. This property presents a significant opportunity for businesses seeking a large, well-equipped warehouse in a convenient location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.