224 Klumac RdSalisbury, NC 28144

  • Commercial land
  • 1,794 SF
For Sale
$175,000 View listing

Property Details for 224 Klumac Rd

Year built
1925
Lot size
0.30 AC
Property size (Sq ft)
1,794 SF
Zone code
M1
Property type
Commercial land
APN
017 012
APU
17012

Description

This exceptional 1.02-acre development site presents a unique opportunity in Salisbury, North Carolina. Located at 224 Klumac Rd, Rowan County, zip code 28144 (35.6542845, -80.48780965), the property is zoned CMX Corridor Mixed Use, offering a wide range of permitted uses. The CMX zoning encourages pedestrian-friendly development, minimizing traffic congestion and maximizing convenient access. This zoning designation allows for a diverse array of possibilities, including single-family and multi-family residential, family care homes, bed and breakfasts, hotels/motels/inns, professional offices, banks, drive-thru retail/restaurants, funeral homes, medical clinics, retail establishments, restaurants, and even movie theaters. The asking price for this prime development land is $175,000. Its location in Salisbury provides access to established infrastructure and a growing community. This versatile property is ideal for developers seeking a flexible and high-potential investment opportunity. The site's size and zoning make it suitable for a variety of projects, catering to diverse needs and market demands. Don't miss this chance to acquire a significant piece of Salisbury real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $495,035
    Hospitality
    $453,449
    Educational
    $377,264
    Medical
    $390,239
    Retail
    $586,856

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6544
Longitude
-80.4875
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
$377
$31,500
-
$31,500
-
$31,500
-
$31,500

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