2120 Mooresville RdSalisbury, NC 28147

  • Commercial land
  • 1,842 SF
For Sale
$799,000 View listing

Property Details for 2120 Mooresville Rd

Year built
1925
Lot size
0.66 AC
Property size (Sq ft)
1,842 SF
Zone code
BRT
Property type
Commercial land
APN
459 026
APU
459026

Description

This exceptional 2.37-acre commercial land parcel presents a prime investment opportunity in Salisbury, North Carolina. Located at 2120 Mooresville Rd, this property boasts a highly desirable location at the signalized intersection of Mooresville Road and Sherrills Ford Road, benefiting from combined daily traffic counts of approximately 18,103 vehicles. The land comprises three contiguous parcels zoned Neighborhood Mixed Use (NMX), offering flexible development options for a wide range of commercial uses. Permitted uses include general retail, service stations, restaurants, offices, and various service establishments. The property's strategic positioning provides immediate adjacency to a Dollar General and a local produce market, ensuring high visibility and convenient access for potential businesses. Within a two-mile radius, numerous demand generators exist, including Zaxby's, Aldi, Planet Fitness, and a Food Lion supermarket, further enhancing the property's appeal. Salisbury's strong demographics, with a population of approximately 51,094 and an average household income of $65,427 within a five-mile radius (data from 2022), underscore the robust market potential. This property offers significant upside for investors seeking a strategically located commercial development site in a thriving North Carolina community. The asking price for this exceptional opportunity is $799,000. The property is located in Rowan County, NC, zip code 28147.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $508,280
    Hospitality
    $465,582
    Educational
    $387,359
    Medical
    $400,680
    Retail
    $602,558
2120 Mooresville Rd, Salisbury, North Carolina

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6643
Longitude
-80.5267
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
$261
$38,181
$400
$38,581
-
$38,181
$400
$38,581

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