470 Gaskey Road

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470 Gaskey Road

Salisbury, NC 28147
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

45.24+/- Acres - Residential-Focused Development <ul><li>​<strong style="color: rgba(49, 66, 61, 1)">Utilities:</strong><span style="color: rgba(49, 66, 61, 1)"> Public water and sewer available upon annexation into Salisbury</span></li><li>​<strong style="color: rgba(49, 66, 61, 1)">Current Zoning:</strong><span style="color: rgba(49, 66, 61, 1)"> RR – Rural Residential (Rowan County) </span><strong style="color: rgba(49, 66, 61, 1)">Future / Target Zoning:</strong><span style="color: rgba(49, 66, 61, 1)"> Salisbury </span><strong style="colo

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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