Financial
Distress signals
Property profile

518 Salisbury Ave Spencer, NC 28159

OFF-MARKET
Turn key restaurants
Property ID
US53-2362736
2,625 SF 0.08 ac lot Built 1920
Last sale Feb 2020 · $65,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?

$1k
Tax billed · 2023
Assessed value$105k
Assessed land$15k
Assessed improvement$90k
Effective rate1.13%
Value estimate · Sep 2026
$75k
$68k – $83k
AI approach$60k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$120/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$67 – $185
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?

CB:CENTRAL BUSINESS
JurisdictionROWAN
Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.4
Restaurant9.2
Clothing Store8.8

Location

518 Salisbury Ave Spencer, NC 28159-2102
County assessor Recorded deeds · 4 transfers Comp sales · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 518 Salisbury Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message