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0 Pinetree - 164 Townhome Development Opportunity 26 Acres of Commercial Land Offered at $1,200,000 in East Spencer, NC 28144
Executive Summary
Premier large-scale residential development opportunity in the rapidly growing East Spencer / Salisbury market. This site has been annexed, rezoned, and site plan approved for 164 townhome units, offering developers a rare chance to acquire a substantially advanced project with meaningful entitlement work already completed. Phase I Environmental Report has been completed, and site/utility schematics are available for review. Strategically positioned near major transportation corridors, employment centers, and continued regional growth, this property is well suited for regional or national builders seeking a scalable attached-housing development opportunity in an emerging submarket. Contact listing broker for due diligence materials, development documentation, and additional project information.
Property Facts
| Price | $1,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 26.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | COM-NEC | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 26.00 AC |
| Opportunity Zone |
Yes |
| Zoning | COM-NEC |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 26.00 AC |
| Price Per AC | $46,153.85 |
| Price | $1,200,000 |
| Price Per AC | $46,153.85 |
| Lot Size | 26.00 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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10X Real Estate & Investments
0 Pinetree - 164 Townhome Development Opportunity
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