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Financial
Distress signals
Property profile

214 Klumac Rd Salisbury, NC 28144

OFF-MARKET
Office buildings
Property ID
US53-5694611
5,900 SF 0.47 ac lot Built 2005
Last sale Aug 2025 · $590,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Salisbury, NC office building presents a compelling investment opportunity. The 5,600 square foot, two-story building boasts 100% occupancy with two tenants, generating a strong NOI of $53,926 and a 6.75% cap rate. Built in 2005, this Class B property features three units and sits on a 0.47-acre lot with ample parking. No leases expire before 2027, offering long-term stability. The asking price is $799,000, translating to $142.68 per square foot. Its strategic location in Salisbury,…

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$466k
Assessed land$44k
Assessed improvement$422k
Effective rate1.20%

Value estimate

· Oct 2026
$485k
$437k – $534k
AI approach$535k
Submarket $/SF estimate$484k

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

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$82 – $157
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

What can be built here?
M1
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.7
Realty agency20.4
Dental Office18.5

Location

214 Klumac Rd Salisbury, NC 28144-6764
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

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
342 Klumac, Salisbury, NC 28144-6726 $600,000 May 2024 2,941 SF
1925 Main, Salisbury, NC 28144-6713 $750,000 Mar 2024 7,085 SF
110 Thermoid, Salisbury, NC 28144-6548 $3,010,000 Dec 2023 4,116 SF
202 Lee, Salisbury, NC 28144 $800,000 Aug 2023 6,014 SF
628 Main, Salisbury, NC 28144-3678 $270,000 Mar 2023 3,475 SF
1717 Innes, Salisbury, NC 28144-2500 $517,000 Jun 2022 3,024 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
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