1007 Lexington AveSalisbury, NC 28144

  • Industrial properties
  • 96,558 SF
For Lease
$3/SF/YR View listing

Property Details for 1007 Lexington Ave

Year built
1920
Lot size
3.66 AC
Property size (Sq ft)
96,558 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
011 376
APU
11376

Description

This exceptional 96,000-square-foot industrial property, located at 1007 Lexington Ave, Salisbury, NC 28144, presents a significant opportunity. The single-tenant building, constructed in 1920, boasts a Class C rating and features a 13'9" ceiling height. The property includes four loading docks and two drive-in doors, ensuring efficient material handling. Currently, 25,000 square feet is available. Utilities are provided by Duke Energy and Piedmont Natural Gas. The building is situated on E. Steele Street and zoned L1, offering convenient access to I-85, placing it strategically between Charlotte and Greensboro, NC, within the Charlotte Metro submarket cluster of Rowan County. The property's size and features make it ideal for various manufacturing, warehouse, and distribution operations. This location benefits from being in one of the fastest-growing regions of the Southeast. The property is comprised of one single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,125,536
    Hospitality
    $11,106,926
    Educational
    $9,240,832
    Medical
    $9,558,638
    Retail
    $14,374,627
1007 Lexington Ave, Salisbury, North Carolina

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6732
Longitude
-80.4578
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
$2,837
$118,950
$118,244
$237,194
-
$118,950
$118,244
$237,194

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