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Jake Alexander Blvd 8.9 Acres of Commercial Land Offered at $1,500,000 in Salisbury, NC 28144

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INVESTMENT HIGHLIGHTS

  • Very Hight Traffic Location. Convenient to Charlotte, Winston, Greensboro. Two Public Road Access for Ingress/Egress.

EXECUTIVE SUMMARY

Prime 8.90 AC property now available for sale at $1,500,000. Inside the Triangle of Charlotte, Winston Salem and Greensboro North Carolina. Salisbury and Rowan County has experienced a tremendous amount of growth in the past years. The local economy is Booming with influx of New Projects and Development throughout the County in all industries.

PROPERTY FACTS

Price $1,500,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Self Storage
Total Lot Size 8.90 AC
Zoning Residentail/Mixed Use - Proposed use: Residential/Mixed use

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $168,539.33
Lot Size 8.90 AC

Property now available. Parcel Is just minutes from Down Town Salisbury, NC. Water and sewer are available. 8.9 AC of RMX land. This Zoning allows for up to 3 Story high Multi Family, with 18 Units per Acre allowed with current zoning in place.

DESCRIPTION

This is a prime location for a new Multi-Family Development. This property has Access from two Public Streets. One Via S Main Street/ US HWY 29 and the other is from off of Mooresville Rd/ HWY 150 then to RoseMont St. Current Zoning permit 18 Units per AC. 160 Units for the 8.9 AC would be possible. Local municipality are very easy to work with and would love to help the Buyer/Developer explore some Higher-Density Overlay options with Special Use Permit being need.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
061-071
Land Assessment
$566,643
Improvements Assessment
$0
Total Assessment
$566,643
  • Listing ID: 28837260

  • Date on Market: 11/7/2022

  • Last Updated:

  • Address: Jake Alexander Blvd, Salisbury, NC 28144

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