For Sale
$4,000,000

1160 Peeler Rd Salisbury, NC 28146

7-Acre I-85 Corridor Site, $4M

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 7-acre commercial and flex redevelopment site in Salisbury, North Carolina, presents a unique investment opportunity. Located at 1160 Peeler Road, Rowan County, zip code 28146 (35.6085437, -80.5154433), this property boasts over 800 feet of road frontage on Peeler Road and 400 feet of frontage on I-85, one of North Carolina's busiest transportation corridors, experiencing 106,000 vehicles daily. The site benefits from a newly installed traffic signal, significantly improving accessibility for various retail and industrial uses. Its CB-3 zoning permits a wide range of development options. The slightly elevated parcel offers incredible visibility from I-85, enhancing its commercial appeal. This high-value site is strategically positioned alongside established businesses including Sheetz, Love's, Pilot, and approximately 2,000,000 square feet of existing industrial space, creating a strong and synergistic commercial environment. The asking price for this prime redevelopment land is $4,000,000. This property represents a compelling investment opportunity for developers seeking high-traffic exposure and significant development potential within a thriving commercial corridor.

Highlights

  • 7-acre commercial and flex redevelopment site in Salisbury, NC.
  • Located at 1160 Peeler Road, Rowan County, NC 28146.
  • Over 800 ft. of road frontage on Peeler Road and 400 ft. on I-85.
  • CB-3 zoning allows diverse development options.
  • $4,000,000 asking price.

Property Details for 1160 Peeler Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
304,920 SF

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6085437
Longitude
-80.5154433

FAQs

What type of property is this?
Land - 7-Acre I-85 Corridor Site, $4M
Where is the land located?
The property is located at 1160 Peeler Rd Salisbury, NC.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 7-acre commercial and flex redevelopment site in Salisbury, NC.; Located at 1160 Peeler Road, Rowan County, NC 28146.; Over 800 ft. of road frontage on Peeler Road and 400 ft. on I-85.
How can I contact the broker?
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1160 Peeler Rd
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