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    OFF-MARKET
    Office buildings

    421 Statesville Blvd, Salisbury, NC 28144-2317

    1,560 SF 0.28 ac lot Built 1980
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-1761644
    Property summary
    AI-generated overview

    This exceptional 0.25-acre commercial land parcel at 421 Statesville Boulevard in Salisbury, North Carolina, presents a unique investment opportunity. Ideally suited for medical practices or other businesses, this property boasts a highly desirable location along the busy Statesville Boulevard corridor, ensuring excellent visibility and accessibility. Its strategic placement offers convenient access to major roadways and nearby amenities, maximizing exposure to a large potential client base. The property's zoning allows for the development of a medical office building, providing ample space for a thriving practice. The site is designed to accommodate ample parking for both staff and patients, enhancing convenience and accessibility. This prime location in Salisbury, NC, within Rowan County, zip code 28144, offers a strong foundation for growth and success. The asking price for this exceptional opportunity is $350,000. This property is perfect for entrepreneurs seeking to establish a new practice or for existing businesses looking to expand their reach in a vibrant and growing community. Don't miss this chance to secure a prominent location in a high-traffic area of Salisbury. The property's versatility makes it suitable for a range of medical or commercial uses, providing a solid investment opportunity with significant potential for return.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Total area 1,560 SF
    Lot 0.28 ac (11,979 SF)
    Zoning code B1
    APN 021 002
    UPID US53-1761644
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Proctor Stephen D MD Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lobo Glass Investmetns LP · 1 yrs held
    Lobo Glass Investmetns LP
    since 2024
    Last sale
    $295,000
    5 recorded transactions
    2025
    2024
    $295,000
    2007
    $200,000
    2007
    $200,000
    1969
    Zoning & alternative use
    B1 · Salisbury, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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