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Property profile & analytics
OFF-MARKET
Office buildings
1933 Jake Alexander W Blvd, Salisbury, NC 28147-1126
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2359722
Property summary
AI-generated overview
This exceptional property at 1933 Jake Alexander Blvd W, Salisbury, NC 28147 offers 2,100 square feet of versatile space ideal for medical or retail use. The single-story, 8,201 square foot building, constructed in 1999 and renovated in 2023, features two suites available individually or combined. Unit 103 boasts a built-out layout including a kitchen breakroom with employee restroom, private office, client restroom, and a front office with a glass sliding door. Unit 104 offers an open main area, two private rooms (one with plumbing and cabinetry), and a restroom. The property benefits from ample parking and high visibility from Jake Alexander Blvd, situated conveniently next to West End Plaza. Furniture is available for purchase separately. Minimum divisible space is 1,100 square feet. This is a fantastic opportunity to establish or expand your business in a thriving location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
1,026 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B7
APN
331D006
UPID
US53-2359722
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Todd R. Tibbs Dentistry Dental Office
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Brighter Days Counseling Services Counselor Care Services
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Dr. Robert P. Quinn, MD Physician
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Dr Quinn Ear Nose & Throat Physician
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Dr. Quinn Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arya Winds Crossing LLC · 3 yrs held
Arya Winds Crossing LLC
since 2023
Last sale
$291,500
4 recorded transactions
Zoning & alternative use
B7 · Salisbury, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,702
Tax year 2023
Assessed value
$142,270
Assessed 2023
Previous assessed
$114,595
+24.2% YoY
Effective rate
1.20%
On assessed value
Assessed improvement
$142,270
Improvement market value
$142,270
Total market value
$142,270
Applied tax rate
101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
YES
Stories
1
Units
1
Total area
1,026 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B7
APN
331D006
UPID
US53-2359722
Jurisdiction
ROWAN
Zoning & alternative use
B7 · Salisbury, NC
Zoning B7 · permitted uses
B7 · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Arya Winds Crossing LLC
Entity
Mailing address
1110 CONVENTION DR, FORT MILL, SC 29715-8391
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
$291,500
Arya Winds Crossing LLC
Elledge Mill LLC
Warranty Deed
$233,080 · Peoples Bank
—
—
Elledge Mill LLC
—
Loan Modification
related
—
—
—
Elledge Mill LLC
—
Deed Of Trust
related
$240,000 · Bank Of North Carolina
—
—
Elledge Mill LLC
—
Deed Of Trust
related
$139,500 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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