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Investment Highlights

  • 1.53-acre commercial parcel located along South Martin Luther King Jr Avenue near Jake Alexander Boulevard.
  • Positioned in an Opportunity Zone, offering potential tax advantages for qualifying investments.
  • City water and sewer connections available for development (tap fee required).
  • Zoned LI (Light Industrial), allowing for a variety of commercial and light industrial uses.
  • Excellent accessibility to Interstate 85, enhancing regional connectivity for businesses.
  • Vacant lot providing a flexible development opportunity in a growing commercial corridor.

Executive Summary

Listed at $99,500, this commercial land parcel presents an opportunity for investors or owner-users seeking a well-located site in Salisbury, NC. The property is situated in an Opportunity Zone, which may provide tax advantages for qualifying investments. Its proximity to I-85 and established commercial activity enhances its appeal for businesses requiring visibility and accessibility. With flexible zoning and utility availability, the site is ready for development to meet a variety of commercial needs.

Property Facts

Price $99,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Office
Total Lot Size 1.53 AC
Opportunity Zone Yes
Zoning LI - light industrial

1 Lot Available

Lot

Price $99,500
Price Per AC $65,032.68
Lot Size 1.53 AC

This property consists of a 1.53-acre parcel located on South Martin Luther King Jr Avenue in Salisbury, North Carolina. The site is zoned LI (Light Industrial) and offers frontage along a busy commercial corridor near Jake Alexander Boulevard.

Description

Commercial Light Industrial property near I-85 - just waiting for you to bring your business! Fabulous location just off Jake Alexander Boulevard. Plenty of commercial options for this property with road frontage on busy MLK Blvd. Vacant. City water and city sewer should be available for a tap fee. Contact One Stop Shop for additional information.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 29834484

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 2B Martin Luther King Jr, Salisbury, NC 28147

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