Property profile

601 Hedrick St Salisbury, NC 28144

OFF-MARKET
Warehouses
Property ID
US53-1598853
9,960 SF 3.76 ac lot Built 1990
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction STEEL FRAME
Total area 9,960 SF
Lot 3.76 ac (163,786 SF)
APN 005 259
UPID US53-1598853

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

601 Hedrick St Salisbury, NC 28144-3151
Salisbury metro Census 50500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$609k
Blend (final) Blend
$630k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2022
Price N/A
2007
$400,000
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $690,000 +84.4%

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
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