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Property profile & analytics
OFF-MARKET
Retail space

912 Salisbury Ave Spencer, NC 28159-2015

1,406 SF 0.11 ac lot Built 1954
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-0881698
Property summary
AI-generated overview

This exceptional commercial property, situated at 912 S Salisbury Avenue in Spencer, North Carolina, presents a unique investment opportunity. The 0.11-acre lot houses a building previously operated as a fish market, offering significant potential for a variety of commercial ventures. Its prime location directly on Salisbury Avenue ensures high visibility and accessibility, attracting substantial foot traffic and potential clientele. The property is being offered at an attractive price point of $99,900, making it an exceptionally compelling proposition for savvy investors. A significant advantage is the inclusion of numerous appliances, which may be conveyed with the sale, potentially saving considerable expense and time for the new owner in setting up their business. The building's previous use as a fish market suggests existing infrastructure suitable for food-related businesses, though it's adaptable to a wide range of commercial applications. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial space in a thriving area at a highly competitive price. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The square footage is not currently available, but a site visit will allow for accurate measurements. Don't miss this chance to own a piece of Spencer's commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Total area 1,406 SF
Lot 0.11 ac (5,009 SF)
Zoning code HB:HIGHWAY BUSINESS
APN 030 122
UPID US53-0881698
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carolina Seafood & Oriental Market Specialty Food Shop Fish Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dl Property Management LLC · 1 yrs held
Dl Property Management LLC
since 2025
Last sale
$40,000
4 recorded transactions
2025
$60,000
2021
$40,000
2008
$32,000
2008
Price N/A
Zoning & alternative use
HB:HIGHWAY BUSINESS · Spencer, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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