Premier large-scale residential development opportunity in the rapidly growing East Spencer / Salisbury market. This site has been annexed, rezoned, and site plan approved for 164 townhome units, offering developers a rare chance to acquire a substantially advanced project with meaningful entitlement work already completed. Phase I Environmental Report has been completed, and site/utility schematics are available for review. Strategically positioned near major transportation corridors, employment centers, and continued regional growth, this property is well suited for regional or national builders seeking a scalable attached-housing development opportunity in an emerging submarket. Contact listing broker for due diligence materials, development documentation, and additional project information.
| MLS # | 4375712 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 122 |
| Listing Provided By | 10X Real Estate & Investments | Kristen Fesnak |
| Acreage | 26.87 |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 186997 |
|---|
| State | NC |
|---|---|
| County | Rowan |
| City | Salisbury |
| Zip Code | 28144 |
| Area | Rowan |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28144) | |
Price: $1,200,000 low | high Med: $272,450 On site: 122 low | high Med: 147 | |
| State | NC |
|---|---|
| County | Rowan |
| City | Salisbury |
| Zip Code | 28144 |
| Area | Rowan |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28144) | |
Price: $1,200,000 low | high Med: $272,450 On site: 122 low | high Med: 147 | |