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    Property profile & analytics

    2050 Statesville Blvd Salisbury, NC 28147-1408

    • Turn key restaurants
    • 11,917 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1681146
    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.

    Current Use by Public Records

    • Blue Bay Seafood Restaurant / Seafood Restaurant

    Property Details for 2050 Statesville Blvd

    Year built
    1987
    Lot size
    1.09 lot acres
    Property size
    11,917 SF
    Zone code
    HB:HIGHWAY BUSINESS
    Property type
    Turn key restaurants
    APN
    331C186
    APU
    331C186

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.5153
    Latitude
    35.6948
    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
    $22,751
    $474,800
    $1,427,456
    $1,902,256
    -
    $474,800
    $1,427,456
    $1,902,256

    Comparable in this City

    • Value Estimation by Request
      804 SF

      5550 Us Hwy 601

      RESTAURANT • 804 SF
      5550 Us Hwy 601, Salisbury, NC 28147-8797
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    • Value Estimation by Request
      5,655 SF

      1005 Klumac Rd

      RESTAURANT • 5,655 SF
      1005 Klumac Rd, Salisbury, NC 28147-9083
      View Details
    • Value Estimation by Request
      5,346 SF

      905 Klumac Rd

      RESTAURANT • 5,346 SF
      905 Klumac Rd, Salisbury, NC 28147-9082
      View Details
    • Value Estimation by Request
      7,491 SF

      1425 Klumac Rd

      RESTAURANT • 7,491 SF
      1425 Klumac Rd, Salisbury, NC 28147-9087
      View Details
    • Value Estimation
      $260,000
      2,532 SF

      1106 Mooresville Rd

      RESTAURANT • 2,532 SF
      1106 Mooresville Rd, Salisbury, NC 28147-1306
      View Details
    • Value Estimation
      $9,540,000
      5,579 SF

      1371 Klumac Rd

      RESTAURANT • 5,579 SF
      1371 Klumac Rd, Salisbury, NC 28147-9086
      View Details

    Similar Nearby for Sale

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      Grocery-Anchored Shopping Center For Sale

      79,732 SF shopping center anchored by Food Lion.
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    Similar Nearby for Lease

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      Office Space For Rent

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    • $1.02 SF/Yr
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      Salisbury Industrial Land Lease

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      Medical and professional office suites available in Salisbury, NC.
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    Property Visit Statistics

    • Visits by month
      10.0k
    • Visitors by month
      7.3k
    • Avg Time on site
      14 min
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    2050 Statesville Blvd
    Salisbury, NC 28147-1408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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