1933 Jake Alexander BlvdSalisbury, NC 28147

Property Details for 1933 Jake Alexander Blvd

Year built

1999

Lot size

0.03 AC

Property size (Sq ft)

1,026 SF

Zone code

B7

Property type

Office properties

Property subtype

Office buildings

APN

331D006

APU

331D006

Description

This exceptional property at 1933 Jake Alexander Blvd W, Salisbury, NC 28147 offers 2,100 square feet of versatile space ideal for medical or retail use. The single-story, 8,201 square foot building, constructed in 1999 and renovated in 2023, features two suites available individually or combined. Unit 103 boasts a built-out layout including a kitchen breakroom with employee restroom, private office, client restroom, and a front office with a glass sliding door. Unit 104 offers an open main area, two private rooms (one with plumbing and cabinetry), and a restroom. The property benefits from ample parking and high visibility from Jake Alexander Blvd, situated conveniently next to West End Plaza. Furniture is available for purchase separately. Minimum divisible space is 1,100 square feet. This is a fantastic opportunity to establish or expand your business in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $216,501

  6.5%

  $199,848

  7%

  $185,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $165,061

  Geo Method

  $173,743

• Alternative Use

  Use

  Valuation

  Residential

  $247,811

  Hospitality

  $226,993

  Educational

  $188,856

  Medical

  $195,351

  Retail

  $293,776

Location Insight

City

Salisbury

County

Rowan

State

North Carolina

Latitude

35.6916

Longitude

-80.5125

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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