Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

205 Cedar Spgs Rd Salisbury, NC 28147

OFF-MARKET
Office buildings
Property ID
US53-1604315
5,760 SF 2.82 ac lot Built 1995
Last sale Jun 2022 · $463,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial office building includes multiple individual offices, a breakroom, a conference room, common/shared areas, and a secured entrance, and is configured to support a staffed office environment with both private workspaces and designated meeting space. The property sits on a corner lot and includes approximately 2.82 acres of land. It is located off Cedar Springs Road on Highway 29, with access to major routes including I-85 and nearby airports.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$532k
Assessed land$89k
Assessed improvement$443k
Effective rate1.20%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$445k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$82 – $174
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.5
Pharmacy9.2
Law Firm9.2

Location

205 Cedar Spgs Rd Salisbury, NC 28147-9247
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1904 Jake Alexander W, Salisbury, NC 28147-1178 $4,400,000 Jul 2025 10,000 SF
818 Corporate, Salisbury, NC 28147-9006 $435,000 Apr 2023 2,160 SF
222 Ritchie, Salisbury, NC 28147-8052 $195,000 Aug 2022 8,261 SF
200 Hamilton, Salisbury, NC 28147-7250 $16,120,000 Oct 2020 2,772 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 205 Cedar Spgs Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again