2118 MainSalisbury, NC 28147

  • Hospitality properties
  • 3,232 SF
Off market
$520,420 Estimated

Property Details for 2118 Main

Year built
1956
Lot size
0.52 AC
Property size (Sq ft)
3,232 SF
Zone code
HB:HIGHWAY BUSINESS
Property type
Hospitality properties
Property subtype
Motels
APN
061 06201
APU
6106201

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $884,993
    6.5%
    $816,916
    7%
    $758,565
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,286,171
    Geo Method
    $1,286,171
  • Alternative Use

    Use
    Valuation
    Residential
    $891,835
    Hospitality
    $816,916
    Educational
    $679,665
    Medical
    $703,040
    Retail
    $1,057,256
2118 Main, Salisbury, North Carolina

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6512
Longitude
-80.5
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
$6,224
$93,225
$427,195
$520,420
-
$93,225
$427,195
$520,420

FAQs

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