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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
475 Faith Rd, Salisbury, NC 28146-7009
Individually Owned
5-yr Hold
Free & Clear
Property ID
US53-1204839
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Total area
11,392 SF
Lot
1.46 ac (63,598 SF)
Zoning code
B6
APN
070 012
UPID
US53-1204839
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
-
Goodwill Store and Donation Center Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Goodwill Industries Of Nw N Carol · 5 yrs held
Goodwill Industries Of Nw N Carol
since 2020
Last sale
$540,000
4 recorded transactions
Zoning & alternative use
B6 · Salisbury, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$615,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $540k (Nov 3 2020)
Last sale anchor
$540k
Nov 3 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,726
Tax year 2023
Assessed value
$1,482,076
Assessed 2023
Previous assessed
$293,250
+405.4% YoY
Effective rate
1.20%
On assessed value
Assessed land
$307,613
Assessed improvement
$1,174,463
Land market value
$307,613
Improvement market value
$1,174,463
Total market value
$1,482,076
Applied tax rate
101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2022
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
1
Total area
11,392 SF
Lot
1.46 ac (63,598 SF)
Zoning code
B6
APN
070 012
UPID
US53-1204839
Jurisdiction
ROWAN
Zoning & alternative use
B6 · Salisbury, NC
Zoning B6 · permitted uses
B6 · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Goodwill Industries Of Nw N Carol
Individual
Free & Clear · 5 yrs held
Mailing address
2701 UNIVERSITY PKWY, WINSTON SALEM, NC 27105-4223
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
$540,000
Goodwill Industries Of Nw N Carol
Ingold & G Properties LLC
Grant Deed
—
Oct 29, 2020
—
Ingold & G Properties LLC
Michael E Ingold
Quit Claim Deed
—
Feb 25, 2016
—
Ingold & G Properties LLC
Ingold,michael E
Quit Claim Deed
related
—
Mar 5, 2013
—
Helen G Ingold
Ingold,helen G
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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