605 Grove St Salisbury, NC 28144
Property profile & analytics
605 Grove St Salisbury, NC 28144
- Medical Office Space
- 8,205 SF
- 0.38 lot acres
Property ID
US53-1718160
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.
Location Intelligence
Current Use by Public Records
- Edmund P. Schumacher, PT / Physician
- Ethan Wiesler / Physician
- George Adam Flowers / Physician
- Edman Schumacher / Physician
- Boyd Watts, MD / Physician
Property Details for 605 Grove St
- Year built
- 1996
- Lot size
- 0.38 lot acres
- Property size
- 8,205 SF
- Zone code
- B1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 006 028
- APU
- 6028
Description
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. Each suite features its own private entrance, ample parking, a dedicated reception area, multiple offices, and several exam rooms. Furthermore, the suites are equipped with separate utility meters, providing efficient cost management for individual occupants. This configuration makes the building perfect for a single large medical practice seeking expansive space or for two separate practices looking for a collaborative yet independent environment. The property's prime location, coupled with its versatile layout and modern amenities, makes it an attractive proposition for a wide range of medical users, from orthopedics to urgent care facilities. The asking price is $1,500,000. This is a rare opportunity to acquire a well-established and highly visible medical office building in a rapidly growing area. Don't miss out on this exceptional investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,085,000
- AI Estimate
- $721,000
Market price range: $476k - $1.78MMarket price range: $348k - $1.09M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,155,000 Current use
- AUTO REPAIR, GARAGE
- $1,195,000 Change: +3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,095,000 Change: -6% Conversion: Easy
- RESTAURANT
- $985,000 Change: -15% Conversion: Difficult
- OFFICE BUILDING
- $940,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.4723
- Latitude
- 35.6791
- 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
$17,445
$225,500
$1,233,151
$1,458,651
-
$225,500
$1,233,151
$1,458,651
