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    203 Mocksville Ave Salisbury, NC 28144
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    Property profile & analytics

    203 Mocksville Ave Salisbury, NC 28144


    • Medical Office Space
    • 6,958 SF
    • 1.28 lot acres
    Medical Office Space Near Hospital For Lease
    $1,350,000

    Medical Office Space Near Hospital

    Medical office space available for lease near major Salisbury hospitals.

    203 Mocksville Ave, Salisbury, NC 28144
    View Listing
    Property ID
    US53-1233118
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Busby & Webb Orthodontics / Dental Office
    • Bret Busby Orthodontics / Dental Office
    • Dr. Jenny L. Stone, MD / Physician / Medical Clinic
    • Fort Samuel L MD / Physician / Medical Clinic
    • Mr. Aaron Wever / Physician / Medical Clinic

    Property Details for 203 Mocksville Ave

    Year built
    2001
    Lot size
    1.28 lot acres
    Property size
    6,958 SF
    Zone code
    B1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    006 133
    APU
    6133

    Description

    This exceptional Class A medical office building, located at 203 Mocksville Avenue in Salisbury, North Carolina, presents a unique leasing opportunity. The property boasts a total of 13,575 square feet across a single, two-story building situated on a 1.283-acre lot. Currently, there is 4,694 square feet of vacant space available for lease, ideal for a medical practice seeking expansion or a new tenant looking for a prime location. The building, constructed in 2001, features a multi-tenant configuration with suites available on both the first and second floors. Its convenient location offers unparalleled access to major healthcare facilities. The property is only three blocks from Novant Rowan Medical Center, a 24-hour hospital, and a short five-minute drive from the W.G. Hefner VA Medical Center. This strategic positioning within a cluster of other medical offices ensures high visibility and easy access for patients. The property's APN is 006-133. This is an exceptional opportunity to establish or expand a medical practice in a thriving, well-established medical corridor. The building's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a prominent presence in Salisbury's healthcare community. The zip code is 28144.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,615,000
      7%
      $1,500,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,510,000
      Market price range: $403k - $1.51M
      AI Estimate
      $926,000
      Market price range: $295k - $927k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $980,000
      Current use
      AUTO REPAIR, GARAGE
      $1,015,000
      Change: +3% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $925,000
      Change: -6% Conversion: Easy
      RESTAURANT
      $835,000
      Change: -15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4715
    Latitude
    35.6769
    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
    $36,157
    $737,386
    $2,285,801
    $3,023,187
    -
    $737,386
    $2,285,801
    $3,023,187
    View Listing
    More about this property
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