This exceptional 1.02-acre development site presents a unique opportunity in Salisbury, North Carolina. Located at 224 Klumac Rd, Rowan County, zip code 28144 (35.6542845, -80.48780965), the property is zoned CMX Corridor Mixed Use, offering a wide range of permitted uses. The CMX zoning encourages pedestrian-friendly development, minimizing traffic congestion and maximizing convenient access. This zoning designation allows for a diverse array of possibilities, including single-family and multi-family residential, family care homes, bed and breakfasts, hotels/motels/inns, professional offices, banks, drive-thru retail/restaurants, funeral homes, medical clinics, retail establishments, restaurants, and even movie theaters. The asking price for this prime development land is $175,000. Its location in Salisbury provides access to established infrastructure and a growing community. This versatile property is ideal for developers seeking a flexible and high-potential investment opportunity. The site's size and zoning make it suitable for a variety of projects, catering to diverse needs and market demands. Don't miss this chance to acquire a significant piece of Salisbury real estate.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$495,035
Hospitality
$453,449
Educational
$377,264
Medical
$390,239
Retail
$586,856
Location Insight
City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6544
Longitude
-80.4875
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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