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    Property profile & analytics

    520 Faith Rd Salisbury, NC 28146-7012

    • Office buildings
    • 1,504 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Nov 18, 2022
    $350,000
    Location Intelligence
    Property ID
    US53-2219467
    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.

    Current Use by Public Records

    • Milan Esthetics / Spa
    • Complete Clean LLC / Janitorial Service

    Property Details for 520 Faith Rd

    Year built
    1929
    Lot size
    0.51 lot acres
    Property size
    1,504 SF
    Zone code
    B6
    Property type
    Office buildings
    APN
    070 077
    APU
    70077

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4588
    Latitude
    35.6476
    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
    $2,878
    $127,050
    $113,611
    $240,661
    -
    $127,050
    $113,611
    $240,661

    Comparable in this City

    • Value Estimation by Request
      2,112 SF

      100 Main Gq St

      OFFICE BUILDING • 2,112 SF
      100 Main Gq St, Salisbury, NC 28146-7474
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    • Value Estimation
      $195,000
      2,592 SF

      115 Brown St

      OFFICE BUILDING • 2,592 SF
      115 Brown St, Salisbury, NC 28146-5108
      View Details
    • Value Estimation
      $215,000
      1,740 SF

      830 Faith Rd

      OFFICE BUILDING • 1,740 SF
      830 Faith Rd, Salisbury, NC 28146-5913
      View Details
    • Value Estimation
      $220,000
      3,589 SF

      108 Main Gq St

      OFFICE BUILDING • 3,589 SF
      108 Main Gq St, Salisbury, NC 28146
      View Details
    • Value Estimation
      $230,000
      1,600 SF

      2509 Jake Alexander S Blvd

      OFFICE BUILDING • 1,600 SF
      2509 Jake Alexander S Blvd, Salisbury, NC 28146-5880
      View Details
    • Value Estimation by Request
      2,994 SF

      1817 Innes St

      OFFICE BUILDING • 2,994 SF
      1817 Innes St, Salisbury, NC 28146-6030
      View Details

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    Similar Nearby for Lease

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    520 Faith Rd
    Salisbury, NC 28146-7012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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