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    280 Furniture Dr Salisbury, NC 28147-9326
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    Property profile & analytics

    280 Furniture Dr Salisbury, NC 28147-9326


    • Retail space
    • 11,680 SF
    • 6.76 lot acres
    Off-Market
    Last Sale Mar 24, 2025
    $2,250,000
    Property ID
    US53-1724642
    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
    $2,230,000
    Show details
    Cap Rate Potential
    5.9%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Rufty's Chrismon Shop / (Bike/Boat/Book/etc) Store

    Property Details for 280 Furniture Dr

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    6.76 lot acres
    Property size
    11,680 SF
    Zone code
    CBI
    Property type
    Retail space
    APN
    408 052
    APU
    408052

    Description

    This ±35,684 square foot industrial property, situated on approximately 6.79 acres, presents a significant opportunity for businesses seeking versatile warehouse, manufacturing, or distribution space. The building, constructed in 1978 and extensively renovated in 2024, offers a modern and efficient layout. The space boasts high ceilings, measuring 11.5 feet at the eave and 12.5 feet at the center, providing ample vertical clearance for storage and operations. Loading is facilitated by six dock-high doors and one drive-in door, ensuring smooth and efficient material handling. The property also includes approximately 3,601 square feet of office space, ideal for administrative functions. Parking is readily available with 19 auto spaces. The property is currently available for immediate occupancy, with a minimum divisible space of 15,008 square feet, offering flexibility for various business needs. This prime industrial location provides easy access to [Location information not provided, therefore omitted]. The combination of modern amenities, ample space, and convenient location makes this property an exceptional investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,445,000
      ML approach
      $2,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,390,000
      6.5%
      $2,205,000
      7%
      $2,050,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,482,000
      Market price range: $517k - $1.61M
      AI Estimate
      $1,404,000
      Market price range: $465k - $1.46M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,700,000
      MEDICAL BUILDING
      $1,645,000
      COMMERCIAL (GENERAL)
      $1,555,000
      RESTAURANT
      $1,405,000
      OFFICE BUILDING
      $1,390,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.5235
    Latitude
    35.6075
    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
    $11,091
    $538,370
    $1,116,932
    $1,655,302
    -
    $538,370
    $1,116,932
    $1,655,302
    More about this property
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