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    1820 Martin Luther King Jr Ave Salisbury, NC 28144-5590
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    Property profile & analytics

    1820 Martin Luther King Jr Ave Salisbury, NC 28144-5590


    • Industrial land
    • 4.13 lot acres
    Off-Market
    Last Sale Jun 28, 2023
    $3,010,000
    Property ID
    US53-3095078
    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.

    Value Estimations
    $2,635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for 1820 Martin Luther King Jr Ave

    Lot size
    4.13 lot acres
    Zone code
    M1
    Property type
    Industrial land
    APN
    017 185
    APU
    17185

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,325,000
      ML approach
      $2,205,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4906
    Latitude
    35.6533
    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
    $1,926
    $161,070
    $0.00
    $161,070
    -
    $161,070
    $0.00
    $161,070
    More about this property
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