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115 Rose Ln
Salisbury, NC 28144
Land For Sale
·
1.60 AC
INVESTMENT HIGHLIGHTS
- 21 fully entitled townhome lots
- Strong population and job growth in Salisbury
- Located in a market identified in the 2024 NC Housing Gap Study as needing significant new housing supply
- Seller willing to develop at $70,000 / lot
- Major employer expansion: Jabil bringing hundreds of new jobs
- Minutes to Downtown Salisbury, I-85, restaurants, shopping, and schools
EXECUTIVE SUMMARY
Developed Price/Unit: $70,000
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.60 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.60 AC |
1 LOT AVAILABLE
Lot
| Price | $525,000 | Lot Size | 1.60 AC |
| Price Per AC | $328,125.00 |
| Price | $525,000 |
| Price Per AC | $328,125.00 |
| Lot Size | 1.60 AC |
21 fully entitled townhome lots Strong population and job growth in Salisbury Major employer expansion: Jabil bringing hundreds of new jobs Located in a market identified in the 2024 NC Housing Gap Study as needing significant new housing supply
DESCRIPTION
21 Fully Entitled Townhome Lots – Excellent Infill Development Opportunity Discover a shovel-ready residential opportunity in one of North Carolina’s fastest-growing secondary markets. Located just minutes from vibrant Downtown Salisbury, 115 Rose Lane offers 21 fully entitled townhome lots, providing immediate development potential in a community experiencing strong population and employment growth. Salisbury is benefiting from a significant wave of economic expansion. The recent announcement of Jabil’s new 350,000+ SF advanced manufacturing facility, bringing 600+ new jobs, underscores the area’s rising demand for housing. Additionally, the city continues to attract major employers in logistics, healthcare, manufacturing, and higher education—driving consistent in-migration and household formation. According to the 2024 North Carolina Housing Gap Study, Rowan County faces a substantial housing shortage, particularly in entry-level and attainable homeownership product. Demand for townhomes continues to accelerate as buyers seek affordable, low-maintenance living with convenient access to I-85, Charlotte, Greensboro, and Winston-Salem. 115 Rose Lane is ideally positioned to capture this unmet demand. The property sits within minutes of retail, grocery, restaurants, Novant Health Rowan Medical Center, Catawba College, and Salisbury’s historic downtown. Infrastructure, utilities, and entitlement work are already in place—allowing a builder to move quickly toward vertical construction. This is a rare opportunity to acquire ready-to-build lots in a high-demand and fast-improving submarket with strong future appreciation potential. Perfect for regional and local builders, build-to-rent groups, or investors seeking a manageable infill development.
