480 Mill Run Rd
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480 Mill Run Rd
10,200 SF Retail Building Salisbury, NC 28144 $898,900 ($88/SF)
Investment Highlights
- Easy access and high visibility from I-85.
- Key features include an outdoor covered wash bay, an oil changing pit, ample storage, and multiple tool/parts rooms.
- Interior spans over 8,800 sq. ft. and is ideal for commercial vehicle repair, warehouse operations, offices, parts rooms, and more.
Executive Summary
This prime commercial facility in Salisbury, NC offers easy access and high visibility from I-85. Built in 1980, the interior facility spans over 8,800 sq. ft. and is ideal for commercial vehicle repair, warehouse operations, offices, parts rooms, and more. Key features include an outdoor covered wash bay, an oil changing pit, ample storage, and multiple tool/parts rooms. The upstairs office overlooks the open shop area, which includes three drive-thru 14-foot bay doors. The facility also boasts over eight designated office spaces, six restrooms, and a kitchen/lounge area. This versatile and well-equipped space is perfect for businesses needing a comprehensive workspace with convenient interstate access.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
10,200 SF
Building Class
C
Year Built
1980
Price
$898,900
Price Per SF
$88
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
5.46 AC
Opportunity Zone
Yes
Zoning
CBI - Commercial Business Industrial
I85ED1 :Economic Dev
Parking
30 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
791 FT on I-85
Amenities
- Freeway Visibility
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 053046000001 | Total Assessment | $568,704 |
| Land Assessment | $382,095 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $186,609 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
053046000001
Land Assessment
$382,095
Improvements Assessment
$186,609
Total Assessment
$568,704
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
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480 Mill Run Rd
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