203 Mocksville AveSalisbury, NC 28144

Property Details for 203 Mocksville Ave

Year built

2001

Lot size

1.28 AC

Property size (Sq ft)

6,958 SF

Zone code

B1

Property type

Medical offices

Property subtype

Medical centers

APN

006 133

APU

6133

Description

This exceptional Class A medical office building, located at 203 Mocksville Avenue in Salisbury, North Carolina, presents a unique leasing opportunity. The property boasts a total of 13,575 square feet across a single, two-story building situated on a 1.283-acre lot. Currently, there is 4,694 square feet of vacant space available for lease, ideal for a medical practice seeking expansion or a new tenant looking for a prime location. The building, constructed in 2001, features a multi-tenant configuration with suites available on both the first and second floors. Its convenient location offers unparalleled access to major healthcare facilities. The property is only three blocks from Novant Rowan Medical Center, a 24-hour hospital, and a short five-minute drive from the W.G. Hefner VA Medical Center. This strategic positioning within a cluster of other medical offices ensures high visibility and easy access for patients. The property's APN is 006-133. This is an exceptional opportunity to establish or expand a medical practice in a thriving, well-established medical corridor. The building's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a prominent presence in Salisbury's healthcare community. The zip code is 28144.

• CAP approach

  CAP return

  Valuation

  6%

  $763,374

  6.5%

  $704,653

  7%

  $654,321

• Comparable approach

  Method

  Valuation

  Relative Method

  $883,200

  Geo Method

  $1,178,268

• Alternative Use

  Use

  Valuation

  Residential

  $873,770

  Hospitality

  $800,369

  Educational

  $665,897

  Medical

  $688,798

  Retail

  $1,035,840

Location Insight

City

Salisbury

County

Rowan

State

North Carolina

Latitude

35.6769

Longitude

-80.4715

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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