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636 Statesville Blvd 1,320 SF Office Building Salisbury, NC 28144 $378,895 CAD ($287.04 CAD/SF) 5.36% Cap Rate
EXECUTIVE SUMMARY
Class C office space in great location in Salisbury NC. 1320 Heated Sq/Ft with large storage area attached to structure. there is also a large concrete pad in back of building.
Options for this property are 4 individual office spaces, a full kitchen where dining area could be used for 5th space. Multiple entries and very large storage area. Formerly used as a Real estate and construction office. Currently occupied by bookkeeping firm on month to month lease.
Building is currently being underutilized. Ideal location for Real Estate firm, Accounting Firm, Insurance Firm, Construction company or a business requiring multiple offices.
7 parking spaces with circular parking lot. Located near Catawba College, VA Hospital, County Offices and similar properties being developed along Statesville Blvd.
Location provides easy access to I85 Via Jake Alexander Blvd and I77 Via Hwy 70 West.
Options for this property are 4 individual office spaces, a full kitchen where dining area could be used for 5th space. Multiple entries and very large storage area. Formerly used as a Real estate and construction office. Currently occupied by bookkeeping firm on month to month lease.
Building is currently being underutilized. Ideal location for Real Estate firm, Accounting Firm, Insurance Firm, Construction company or a business requiring multiple offices.
7 parking spaces with circular parking lot. Located near Catawba College, VA Hospital, County Offices and similar properties being developed along Statesville Blvd.
Location provides easy access to I85 Via Jake Alexander Blvd and I77 Via Hwy 70 West.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,320 SF
Building Class
B
Year Built/Renovated
1951/2022
Price
$378,895 CAD
Price Per SF
$287.04 CAD
Cap Rate
5.36%
NOI
$20,323 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,320 SF
Building FAR
0.09
Lot Size
0.34 AC
Zoning
Salisbury RMX - Residential Mixed Use
Parking
7 Spaces (5.3 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 001-005 | Improvements Assessment | $161,714 CAD |
| Land Assessment | $136,292 CAD | Total Assessment | $298,006 CAD |
PROPERTY TAXES
Parcel Number
001-005
Land Assessment
$136,292 CAD
Improvements Assessment
$161,714 CAD
Total Assessment
$298,006 CAD
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636 Statesville Blvd
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