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Spencer, NC

Commercial

Spencer, NC Commercial Land for Sale

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Salisbury, NC East Spencer, NC Cleveland, NC Gold Hill, NC Kinston, NC Linwood, NC Granite Quarry, NC Faith, NC

Downtown Spencer Commercial Development Opportunity

Updated: Apr 16, 2025

Downtown Spencer Commercial Development Opportunity

505 S Yadkin Avenue, Spencer, NC 28159

$50,000

Prime commercial development opportunity in the heart of downtown Spencer.
High‑visibility location in the vibrant Spencer Business District.
Close proximity to popular attractions like the NC Transportation Museum.
Located in a thriving small town focused on business development and community revitalization.
New Downtown Park under construction nearby, increasing foot traffic.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Development Land Parcel

Development Land Parcel

Boundary Street, East Spencer, NC 28144

$799,900

35.11 AC lot

Large development tract in East Spencer, NC with flexibility for residential, mixed-use, or commercial planning.

Cleared Land Near Medical Facilities

Cleared Land Near Medical Facilities

Tabor Drive, Salisbury, NC 28144

Contact for pricing

0.40 AC lot

Cleared land near interstate, medical offices, and hospitals.

I-85 Frontage Land Parcel

I-85 Frontage Land Parcel

Mccanless Road, Salisbury, NC 28146

$171,900

5.00 AC lot

High-visibility land parcel with I-85 and McCanless Road frontage.

Salisbury, NC Land For Sale

Salisbury, NC Land For Sale

Yadkin Avenue, Salisbury, NC 28144

Contact for pricing

1.28 AC lot

1.28 acre commercial land parcel in Salisbury, North Carolina.

Off-Market Properties in Spencer, NC

Consider similar Off-Market properties in Spencer, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

112 Salisbury Ave

VACANT COMMERCIAL LAND

112 Salisbury Ave, Spencer, NC 28159-2428

Value Estimation by Request

1,923 sqft 0.22 AC lot

VACANT COMMERCIAL LAND

3rd St, Spencer, NC 28159

Value Estimation by Request

0.33 AC lot

1200 Salisbury Ave

VACANT COMMERCIAL LAND

1200 Salisbury Ave, Spencer, NC 28159-1917

Value Estimation by Request

0.22 AC lot

VACANT COMMERCIAL LAND

129 5th St, Spencer, NC 28159-2125

Value Estimation by Request

3,075 sqft 0.09 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.04 AC lot

VACANT COMMERCIAL LAND

103 9th St, Spencer, NC 28159-2004

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

112 6th St, Spencer, NC 28159-2110

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

505 Yadkin Ave, Spencer, NC 28159

Value Estimation by Request

0.16 AC lot

320 Salisbury Ave

VACANT COMMERCIAL LAND

320 Salisbury Ave, Spencer, NC 28159-2237

Value Estimation by Request

0.06 AC lot

1411 Salisbury Ave

VACANT COMMERCIAL LAND

1411 Salisbury Ave, Spencer, NC 28159-1920

Value Estimation by Request

0.17 AC lot

1102 Salisbury Ave

VACANT COMMERCIAL LAND

1102 Salisbury Ave, Spencer, NC 28159-1915

Value Estimation by Request

900 sqft 0.13 AC lot

1108 Salisbury Ave

VACANT COMMERCIAL LAND

1108 Salisbury Ave, Spencer, NC 28159-1915

Value Estimation by Request

0.89 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.18 AC lot

VACANT COMMERCIAL LAND

5th St, Spencer, NC 28159

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.44 AC lot

VACANT COMMERCIAL LAND

Charles St, Spencer, NC 28159

Value Estimation by Request

0.65 AC lot

615 Salisbury Ave

VACANT COMMERCIAL LAND

615 Salisbury Ave, Spencer, NC 28159-1822

Value Estimation by Request

0.78 AC lot

211 Salisbury Ave

VACANT COMMERCIAL LAND

211 Salisbury Ave, Spencer, NC 28159-2429

Value Estimation by Request

0.50 AC lot

VACANT COMMERCIAL LAND

Newton St, Spencer, NC 28159

Value Estimation by Request

0.86 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.30 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.32 AC lot

VACANT COMMERCIAL LAND

418 Yadkin Ave, Spencer, NC 28159-2208

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

3rd St, Spencer, NC 28159

Value Estimation by Request

0.17 AC lot

Spencer, NC Commercial Land Market Trends and Statistics

Explore 43 commercial land for sale in Spencer, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $50,000.

Sale prices for commercial lots in Spencer, NC start at $50,000, averaging $50,000, and reaching up to $50,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 3,181

Population Growth (5Y) +9.4%

Median Household Income $63,396

College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28159	$50K

Taxes & Financing

Tax Rate (average for all types) 1.13%

Property Tax per SF $12.54 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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