421 Statesville BlvdSalisbury, NC 28144

Property Details for 421 Statesville Blvd

Year built

1980

Lot size

0.28 AC

Property size (Sq ft)

1,560 SF

Zone code

B1

Property type

Office buildings

APN

021 002

APU

21002

Description

This exceptional 0.25-acre commercial land parcel at 421 Statesville Boulevard in Salisbury, North Carolina, presents a unique investment opportunity. Ideally suited for medical practices or other businesses, this property boasts a highly desirable location along the busy Statesville Boulevard corridor, ensuring excellent visibility and accessibility. Its strategic placement offers convenient access to major roadways and nearby amenities, maximizing exposure to a large potential client base. The property's zoning allows for the development of a medical office building, providing ample space for a thriving practice. The site is designed to accommodate ample parking for both staff and patients, enhancing convenience and accessibility. This prime location in Salisbury, NC, within Rowan County, zip code 28144, offers a strong foundation for growth and success. The asking price for this exceptional opportunity is $350,000. This property is perfect for entrepreneurs seeking to establish a new practice or for existing businesses looking to expand their reach in a vibrant and growing community. Don't miss this chance to secure a prominent location in a high-traffic area of Salisbury. The property's versatility makes it suitable for a range of medical or commercial uses, providing a solid investment opportunity with significant potential for return.

• CAP approach

  CAP return

  Valuation

  6%

  $171,150

  6.5%

  $157,985

  7%

  $146,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,015

  Geo Method

  $264,170

• Alternative Use

  Use

  Valuation

  Residential

  $195,901

  Hospitality

  $179,445

  Educational

  $149,296

  Medical

  $154,430

  Retail

  $232,238

Location Insight

City

Salisbury

County

Rowan

State

North Carolina

Latitude

35.6879

Longitude

-80.489

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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