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Financial
Distress signals
Property profile

605 Grv St Salisbury, NC 28144

OFF-MARKET
Medical Office Space
Property ID
US53-1718160
8,205 SF 0.38 ac lot Built 1996
Last sale Feb 2022 · $2,475,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional two-story medical office building presents a unique investment opportunity in Salisbury, NC. Strategically located in the city's thriving medical corridor, just one block from Novant Health Rowan Medical Center, this property boasts unparalleled visibility and accessibility. The building comprises two distinct suites, each offering complete independence and functionality. The upper suite encompasses 4,688 square feet, while the lower suite provides 4,313 square feet of space. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$17k
Tax billed · 2023
Assessed value$1.46M
Assessed land$226k
Assessed improvement$1.23M
Effective rate1.20%

Value estimate

· Oct 2026
$1.01M
$909k – $1.11M
Submarket $/SF estimate$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$141/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$58 – $217

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?
B1
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.8
Furniture Store9.3
Storage Facility9.1

Location

605 Grv St Salisbury, NC 28144-3233
County assessor Recorded deeds · 4 transfers Qualifying 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1710 Walker, Salisbury, NC 28144-2572 $331,000 Sep 2024 3,200 SF
1107 Statesville, Salisbury, NC 28144-2287 $815,000 Jun 2022 6,640 SF
825 Henderson, Salisbury, NC 28144-2725 $1,777,000 Oct 2020 7,990 SF
628 Innes, Salisbury, NC 28144-4143 $301,500 Oct 2020 5,420 SF
135 Mocksville, Salisbury, NC 28144-3323 $248,000 Sep 2020 6,689 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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