815 Innes StSalisbury, NC 28144

  • Outlet malls
  • 86,279 SF

Property Details for 815 Innes St

Year built
1990
Lot size
7.11 AC
Property size (Sq ft)
86,279 SF
Zone code
B6
Property type
Outlet malls
APN
019 517
APU
19517

Description

This exceptional retail opportunity is located at 815 E Innes St, Salisbury, NC 28144, within the Innes Street Station center. The property boasts a total of 64,780 square feet, currently featuring a single, large suite with 6,319 square feet immediately available for lease. Strategically positioned off Interstate 85 along East Innes Street, this high-traffic location benefits from excellent visibility and accessibility. The center enjoys a prime location in a high-demand retail area of Salisbury, experiencing consistently strong traffic counts. This makes it an ideal location for businesses seeking high exposure and customer reach. The property is anchored by established and successful national retailers, Big Lots and Harbor Freight, providing a strong co-tenancy base and drawing significant customer traffic to the center. The property is situated in Rowan County, North Carolina, offering easy access to major transportation routes and a thriving local community. This 6,319 square foot space presents a unique opportunity for a retailer seeking a prominent location in a well-established shopping center. The property's size and location offer significant potential for growth and success. Contact us today to learn more about this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,155,726
    6.5%
    $21,374,516
    7%
    $19,847,766
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,118,508
    Geo Method
    $36,818,424
  • Alternative Use

    Use
    Valuation
    Residential
    $18,030,204
    Hospitality
    $16,515,571
    Educational
    $13,740,761
    Medical
    $14,213,327
    Retail
    $21,374,516

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6595
Longitude
-80.4638
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
$43,843
$1,858,272
$1,807,555
$3,665,827
-
$1,858,272
$1,807,555
$3,665,827

FAQs

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Please email our support team at [email protected] and they will add the team member.
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