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    Property profile & analytics

    707 Salisbury Ave Spencer, NC 28159-1824

    • Warehouses
    • 4,280 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $90,000
    Last Sale
    Mar 06, 2024
    $77,000
    Location Intelligence
    Property ID
    US53-0073989
    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

    • Warehouses

    Property Details for 707 Salisbury Ave

    Year built
    1978
    Lot size
    0.29 lot acres
    Property size
    4,280 SF
    Zone code
    HB:HIGHWAY BUSINESS
    Property type
    Warehouses
    APN
    038 084
    APU
    38084

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.4187
    Latitude
    35.6982
    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
    $1,371
    $18,500
    $102,788
    $121,288
    -
    $18,500
    $102,788
    $121,288

    Comparable in this City

    • Value Estimation
      $100,000
      2,100 SF

      316 Salisbury Ave

      WAREHOUSE, STORAGE • 2,100 SF
      316 Salisbury Ave, Spencer, NC 28159-2237
      View Details
    • Value Estimation by Request
      2,100 SF

      110 16th St

      WAREHOUSE, STORAGE • 2,100 SF
      110 16th St, Spencer, NC 28159-1962
      View Details
    • Value Estimation
      $335,000
      6,352 SF

      117 Long Fry Rd

      WAREHOUSE, STORAGE • 6,352 SF
      117 Long Fry Rd, Spencer, NC 28159-1841
      View Details
    • Value Estimation
      $360,000
      2,624 SF

      1215 Salisbury Ave

      WAREHOUSE, STORAGE • 2,624 SF
      1215 Salisbury Ave, Spencer, NC 28159-1916
      View Details
    • Value Estimation
      $355,000
      35,000 SF

      1015 Salisbury Ave

      WAREHOUSE, STORAGE • 35,000 SF
      1015 Salisbury Ave, Spencer, NC 28159-1830
      View Details
    • Value Estimation
      $230,000
      7,556 SF

      1411 Salisbury Ave

      WAREHOUSE, STORAGE • 7,556 SF
      1411 Salisbury Ave, Spencer, NC 28159-1920
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.31 Acres

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      Land for sale in Spencer, North Carolina.
      Hollywood Dr, Spencer, NC 28159
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    • New
      Contact for pricing
      0.22 Acres

      Residential Land in Spencer, NC

      Residential land suitable for duplex construction in Spencer, North Carolina.
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    • Contact for pricing
      0.16 Acres

      Residential Land in Spencer, NC

      Residential land for sale in Spencer, North Carolina.
      Hollywood Dr, Spencer, NC 28159
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    • Contact for pricing

      Land Parcel on Gravel Drive

      Land for sale off the main road on gravel drive.
      00 Hollywood Dr, Spencer, NC 28159
      View Details
    • $450,000
      0.66 Acres

      Highway Business Zoned Property

      Highway business zoned property with road frontage visibility and multiple opportunities.
      1303 S Salisbury Ave, Spencer, NC 28159
      View Details
    • New
      Contact for pricing
      0.22 Acres

      Land For Sale, Spencer, NC

      Residential land lot available in Spencer, North Carolina.
      N Salisbury Ave, Spencer, NC 28159
      View Details
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    Spencer, NC 28159-1824
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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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