Property Details
for 1820 Martin Luther King Jr Ave
Lot size
4.13 AC
Zone code
M1
Property type
Industrial land
APN
017 185
APU
17185
Description
This exceptional industrial property, located at 1820 Martin Luther King Jr Ave in Salisbury, NC, offers 100,000 square feet of warehouse space in a single-tenant building situated on approximately 5.52 acres. Built in 1983, this two-story structure boasts impressive features including 24-foot clear height at the front (22-foot eaves) and 20-foot clear height at the rear (17-foot eaves). The property includes four dock-high doors and two drive-in doors, ensuring efficient loading and unloading. Ample power is provided by a 2000-amp, 480-volt, 3-phase system. The building also features approximately 5,000 square feet of office space spread across two stories. Column spacing is 24'5" x 38'. The warehouse benefits from a wet sprinkler system and is strategically located just one mile from I-85, offering excellent access to major transportation routes. Furthermore, the property has the potential for rail access. The building is equipped with several cranes, including one 500 lb jib crane, one 500 lb bridge crane, one 1/2 ton jib crane, and six 3-ton bridge cranes. This property presents a significant opportunity for businesses seeking a large, well-equipped warehouse in a convenient location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$49,642,288
Hospitality
$45,472,068
Educational
$37,832,228
Medical
$39,133,336
Retail
$58,850,132
Location Insight
City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6533
Longitude
-80.4906
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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