515 Salisbury StAsheboro, NC 27203

Property Details for 515 Salisbury St

Year built

2002

Lot size

1.21 AC

Property size (Sq ft)

24,559 SF

Zone code

B2

Property type

Office buildings

APN

7751632793

APU

7751632793

Description

This exceptional office suite, located on the main floor of a prominent Asheboro office building at 515 W Salisbury Street, offers over 1650 square feet of versatile workspace. The layout includes five individual offices, providing ample privacy for staff or departments. A dedicated executive office features an adjoining assistant area or waiting room, enhancing efficiency and professionalism. Collaboration is facilitated by a well-appointed conference room, perfect for meetings and presentations. Employee comfort is ensured with a pleasant breakroom, while practical storage needs are met by a large storage closet complete with pre-installed shelving. A separate reception area provides a welcoming and organized entry point for clients and visitors. A janitor's closet adds to the suite's functionality. All this is available for a highly competitive monthly rent of $2,500. The property is situated in Asheboro, NC, offering convenient access to local amenities and transportation. This is an ideal space for a growing business seeking a well-equipped and professionally designed office environment. The suite is ready for immediate occupancy. The listed square footage is approximate. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,694,410

  6.5%

  $2,487,148

  7%

  $2,309,495

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,117,346

  Geo Method

  $5,637,273

• Alternative Use

  Use

  Valuation

  Residential

  $3,084,064

  Hospitality

  $2,824,986

  Educational

  $2,350,355

  Medical

  $2,431,188

  Retail

  $3,656,108

Location Insight

City

Asheboro

County

Randolph

State

North Carolina

Latitude

35.7083

Longitude

-79.8209

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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