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Investment Highlights

  • 18.5 acres total with an additional 13.6 acres available for sale immediately adjacent to the site
  • 2 rail docks via Norfolk Southern in addition to open rail
  • Heavy Power: 3,000 AMPS of 480V power via 2500
  • Zoning allows for outside storage
  • 1/2 mile frontage on the 4 lane Hwy 29
  • Trailer parking with additional land for more storage

Executive Summary

PRICED TO SELL | RARE INDUSTRIAL OPPORTUNITY
176,580 SF with Significant Expansion & IOS Potential
Strategically Positioned Along I-85 (Exit 81)
This is a truly unique opportunity to purchase a large-scale manufacturing and industrial facility with built-in expansion and outside storage capabilities, strategically positioned along I-85. The property is priced to sell and positioned for long-term growth.

Property Facts Under Contract

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class B
Lot Size 18.50 AC
Rentable Building Area 176,580 SF
No. Stories 1
Year Built 1954
Tenancy Single
Clear Ceiling Height 23’
No. Dock-High Doors/Loading 11
No. Drive In / Grade-Level Doors 2
Zoning I:MANUFACT - IND (Manufacturing and Industrial District)allowing outside storage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

Packaging Corporation of America began in 1959 through a merger of three packaging companies. The company produces containerboard and corrugated packaging products for various industries. An extensive network of mills, converting facilities, and design centers operates nationwide. Packaging Corporation of America serves sectors including food and beverage, e-commerce, and industrial markets. The company has grown through strategic acquisitions while maintaining focus on sustainability initiatives.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
046-015
Land Assessment
$675,465
Improvements Assessment
$2,132,893
Total Assessment
$2,808,358
  • Listing ID: 38980244

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 1302 N Salisbury Ave, Salisbury, NC 28144

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