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Executive Summary

Premium visibility and access to major north-south interstate corridor I-85. Water/ Sewer Available. Permissible uses are listed under Article II Section 21-34 85-ED-3 https://library.municode.com/nc/rowan_county/codes/code_of_ordinances?nodeId=COOR_CH21ZO_ARTIIGEOVDI_S21-34ECDEDIESI- Project developments may be required to annex into the City of Salisbury.
Prime development opportunity in the heart of Salisbury! Ideally located with excellent visibility and 1400 ft +/-road frontage along I-85, 1140 Peeler Road offers approximately 29+/- acres ready for its next chapter. This highly visible tract presents a rare opportunity for developers, investors, and visionaries seeking to create something truly exceptional in a rapidly growing corridor. Featuring gently rolling topography the property offers the perfect canvas for a wide variety of potential uses. Whether you envision commercial development, mixed-use opportunities, industrial potential, or a private investment venture, the possibilities are endless. Conveniently positioned with easy interstate access and outstanding exposure, this rare offering combines location, size, visibility, and opportunity all in one remarkable property. Located 45 miles South of Greensboro, NC and 45 miles North of Charlotte NC.

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Apartment Units - Condo
  • Auto Dealership
  • Convenience Store
  • Hotel
  • Industrial Park
  • Restaurant
Total Lot Size 29.00 AC
Zoning 85-ED-3 - COMM

1 Lot Available

Lot 1

Price $3,500,000
Price Per AC $120,689.66
Lot Size 29.00 AC

Prime development opportunity in the heart of Salisbury! Ideally located off exit 71 with excellent visibility and 1400 ft +/-road frontage along I-85, 29+/- acres. Opportunity for developers, investors in a rapidly growing corridor.

Description

Prime development opportunity in the heart of Salisbury! Ideally located with excellent visibility and 1400 ft +/-road frontage along I-85, 1140 Peeler Road offers approximately 29+/- acres ready for its next chapter. This highly visible tract presents a rare opportunity for developers, investors, and visionaries seeking to create something truly exceptional in a rapidly growing corridor. Featuring gently rolling topography the property offers the perfect canvas for a wide variety of potential uses. Whether you envision commercial development, mixed-use opportunities, industrial potential, or a private investment venture, the possibilities are endless. Conveniently positioned with easy interstate access and outstanding exposure, this rare offering combines location, size, visibility, and opportunity all in one remarkable property.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
408-006
Land Assessment
$18,300
Improvements Assessment
$0
Total Assessment
$18,300
  • Listing ID: 40563146

  • Date on Market: 5/17/2026

  • Last Updated:

  • Address: 1140 Peeler Rd, Salisbury, NC 28146

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