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Martin Luther King Jr Ave
Salisbury, NC 28144
Asking Price
$353K
Asset Type
Commercial Land
Class
Class B
What's Special
OPPORTUNITY ZONE LI Land | 5.43 acres <ul><li>Two Commercial Parcels Available</li><li>Parcel ID#'s: 060-191 & 060-192</li><li>Parcel 2B (1.53 Acres): $99,500</li><li>Parcel 2C (3.9 Acres): $253,500</li><li>Zoned: LI (Light Industrial)</li><li>Great location on Martin Luther King Jr Avenue near Highway 601 and just minutes from I-85, Highway 29 and Highway 150</li><li>Located in an Opportunity Zone</li></ul>
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NOI
$80,000
Cap Rate
22.66%
DSCR
3.82
Strong
Cash-on-Cash
55.75%
Monthly Payment
$1,746.451
Annual Cash Flow
$59,042.583
