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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 Brevard, NC Linwood, NC Granite Quarry, 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.

See what stands out in Rowan County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

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.

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.

Commercial Land With Utilities

Commercial Land With Utilities

00 Long Ferry Road, Salisbury, NC 28144

Contact for pricing

The property carries C-85 zoning, with utilities available for commercial site planning.

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.

Commercial Land at Three-Street Intersection

Commercial Land at Three-Street Intersection

903 N Long Street, Salisbury, NC 28144

Contact for pricing

HB-zoned property positioned where N. Long St., Andrews St., and E. Jefferson St. meet.

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

$85,000

Estimated value

1,923 sqft 0.22 AC lot

3rd St

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

$240,000

Estimated value

0.22 AC lot

129 5th St

VACANT COMMERCIAL LAND

129 5th St, Spencer, NC 28159-2125

$170,000

Estimated value

3,075 sqft 0.09 AC lot

Salisbury Ave

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$55,000

Estimated value

0.04 AC lot

103 9th St

VACANT COMMERCIAL LAND

103 9th St, Spencer, NC 28159-2004

Value Estimation by Request

0.17 AC lot

112 6th St

VACANT COMMERCIAL LAND

112 6th St, Spencer, NC 28159-2110

$175,000

Estimated value

0.17 AC lot

505 Yadkin Ave

VACANT COMMERCIAL LAND

505 Yadkin Ave, Spencer, NC 28159

$235,000

Estimated value

0.16 AC lot

320 Salisbury Ave

VACANT COMMERCIAL LAND

320 Salisbury Ave, Spencer, NC 28159-2237

$175,000

Estimated value

0.06 AC lot

1411 Salisbury Ave

VACANT COMMERCIAL LAND

1411 Salisbury Ave, Spencer, NC 28159-1920

$215,000

Estimated value

0.17 AC lot

1102 Salisbury Ave

VACANT COMMERCIAL LAND

1102 Salisbury Ave, Spencer, NC 28159-1915

$130,000

Estimated value

900 sqft 0.13 AC lot

1108 Salisbury Ave

VACANT COMMERCIAL LAND

1108 Salisbury Ave, Spencer, NC 28159-1915

$135,000

Estimated value

0.89 AC lot

Salisbury Ave

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$135,000

Estimated value

0.18 AC lot

5th St

VACANT COMMERCIAL LAND

5th St, Spencer, NC 28159

$195,000

Estimated value

0.17 AC lot

Salisbury Ave

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$240,000

Estimated value

0.44 AC lot

Charles St

VACANT COMMERCIAL LAND

Charles St, Spencer, NC 28159

$245,000

Estimated value

0.65 AC lot

615 Salisbury Ave

VACANT COMMERCIAL LAND

615 Salisbury Ave, Spencer, NC 28159-1822

$250,000

Estimated value

0.78 AC lot

211 Salisbury Ave

VACANT COMMERCIAL LAND

211 Salisbury Ave, Spencer, NC 28159-2429

$240,000

Estimated value

0.50 AC lot

Newton St

VACANT COMMERCIAL LAND

Newton St, Spencer, NC 28159

$240,000

Estimated value

0.86 AC lot

Salisbury Ave

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$240,000

Estimated value

0.30 AC lot

Salisbury Ave

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$240,000

Estimated value

0.32 AC lot

418 Yadkin Ave

VACANT COMMERCIAL LAND

418 Yadkin Ave, Spencer, NC 28159-2208

$240,000

Estimated value

0.17 AC lot

3rd St

VACANT COMMERCIAL LAND

3rd St, Spencer, NC 28159

$240,000

Estimated value

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.

Sale prices for commercial lots in Spencer, NC average $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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