For Sale
$2,324,000

1140 Peeler RdSalisbury, NC 28146

Prime I-85 industrial land, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 32-acre industrial land parcel presents a compelling investment opportunity in Salisbury, North Carolina. Strategically located along Interstate 85, this property boasts approximately 1,500 feet of high-visibility frontage, ensuring maximum exposure. The site is zoned 85-ED-3, permitting development as a corporate headquarters or employment center, catering to a wide range of industrial uses. Existing infrastructure includes on-site sewer and septic systems, with water readily accessible from an adjacent property. The property's prime location benefits from a high volume of daily traffic on I-85, with a reported 84,000 vehicles passing daily. This presents a significant advantage for businesses seeking high visibility and accessibility. Rowan County is experiencing robust growth, with over 20 million square feet of current and planned future development underway, underscoring the area's economic vitality. Salisbury's strong position as the #8 Metro area in North America for food processing further enhances the property's appeal. Recent significant investments, such as Macy's $584 million expansion project for a 1.4 million square foot distribution center, solidify the region's economic momentum and potential for future growth. The property's assessed parcel number (APN) is 408-006. The asking price is $2,324,000, translating to $72,625 per acre. This represents a unique opportunity to acquire a substantial industrial land holding in a rapidly developing market.

Highlights

  • 32-acre industrial land parcel in Salisbury, NC.
  • 1,500 feet of I-85 frontage.
  • On-site sewer and septic; water available nearby.
  • Zoned for corporate headquarters or employment center.
  • 84,000 vehicles per day (VPD) on I-85.
  • Suitable for various industrial uses.

Property Details for 1140 Peeler Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
1,393,920 SF

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6149027
Longitude
-80.51311286
1140 Peeler Rd, Salisbury, North Carolina

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1140 Peeler Rd
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