Property summary
This exceptional 8,825 square-foot commercial building, situated on a 5.46-acre lot at 480 Mill Run Road in Salisbury, NC, presents a unique investment opportunity. Built in 1980, the property enjoys unparalleled visibility and convenient access to Interstate 85, a major transportation artery. The building's design is highly adaptable, making it suitable for a wide range of commercial uses. Imagine a thriving commercial vehicle repair operation, leveraging the existing outdoor covered wash bay and oil changing pit, or a robust warehouse and distribution center, utilizing the ample storage space and multiple tool/parts rooms. The three 14-foot drive-thru bay doors ensure efficient loading and unloading. The interior layout is equally impressive, featuring over eight designated office spaces, providing ample room for administrative functions. Six restrooms and a kitchen/lounge area cater to employee needs. The upstairs office provides a commanding view of the expansive shop floor, enhancing operational oversight. This property's strategic location, approximately 30 miles north of Charlotte and 40 miles south of Greensboro, NC, offers access to a large and diverse workforce and customer base. This is a rare opportunity to acquire a well-maintained, versatile commercial property with significant potential for growth and profitability. The property's size, features, and location combine to create a compelling investment proposition. The asking price is $898,900.
Property profile
VerifiedCap rate & NOI
Current use
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Material Handling Equipment Supplier Manufacturer
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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