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1215 Old Concord Rd
Salisbury, NC 28146
Land For Sale · 8.14 AC

INVESTMENT HIGHLIGHTS

  • Visibility, Mutifamily, Commerical, Industrial etc

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Subsidized
  • Hotel
Total Lot Size 8.14 AC
No. Stories 1
Zoning CMX

DESCRIPTION

We are pleased to present the 8.14-acre commercial development site directly adjacent to I-85 in Salisbury, NC. The site sits in an CMX zone which allows for multiple uses such as Multi-Family, Retail, Commercial Warehousing, and Industrial. Flexible zoning allows maximum development design in a strong employment market. It falls within a Qualified Census Tract (QCT) and has by-right zoning that allows up to 200 units, positioning the site well for developers. The property is ideally situated on Salisbury/Old Concord Road with direct access to I-85 and other major thoroughfares, and boasts exceptional connectivity to the greater Charlotte MSA and the neighboring Piedmont Triad region. The site is also located in an Opportunity Zone, thereby offering the future development team the flexibility to pursue a conventional multi-family project or an affordable tax credit development with favorable development incentives in-place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
069-006
Land Assessment
$394,185
Improvements Assessment
$29,709
Total Assessment
$423,894
  • Listing ID: 22604742

  • Date on Market: 3/31/2021

  • Last Updated:

  • Address: 1215 Old Concord Rd, Salisbury, NC 28146

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