3730 Us Hwy 601Salisbury, NC 28147

  • Hospitality properties
  • 4,524 SF
Off market
$10,720,070 Estimated

Property Details for 3730 Us Hwy 601

Year built
1961
Lot size
1.07 AC
Property size (Sq ft)
4,524 SF
Zone code
RR
Property type
Hospitality properties
Property subtype
Motels
APN
320 07301
APU
32007301

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $563,755
    6.5%
    $520,389
    7%
    $483,218
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,349,475
    Geo Method
    $1,800,321
  • Alternative Use

    Use
    Valuation
    Residential
    $568,114
    Hospitality
    $520,389
    Educational
    $432,958
    Medical
    $447,848
    Retail
    $673,490
3730 Us Hwy 601, Salisbury, North Carolina

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.7147
Longitude
-80.4935
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
$1,127
$56,000
$112,169
$168,169
-
$56,000
$112,169
$168,169

FAQs

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