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Spencer, NC 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
6 properties
Wooded Lot in Spencer, NC
Updated: Feb 6
Wooded Lot in Spencer, NC

Hollywood Drive, Spencer, NC 28158

$42,500
0.41 AC lot
Wooded lot in Spencer, NC
Potential for single‑family or multi‑family unit
Public sewer access
Public and Well water sources available
Investment property opportunity
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Residential Land in Spencer, NC
Updated: Apr 23, 2025
Residential Land in Spencer, NC

Hollywood Drive, Spencer, NC 28159

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0.31 AC lot
Lot is off the main road, offering added privacy.
Located on gravel drive.
Coordinates provided for exact location.
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Residential Land in Spencer, NC
Residential Land in Spencer, NC

Hollywood Drive, Spencer, NC 28159

Contact for pricing
0.16 AC lot

Residential land for sale in Spencer, North Carolina.

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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
Downtown Spencer Commercial Development Opportunity
Downtown Spencer Commercial Development Opportunity

505 S Yadkin Avenue, Spencer, NC 28159

$50,000

High-visibility commercial land in Spencer's thriving business district.

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Land Parcel on Gravel Drive
Land Parcel on Gravel Drive

00 Hollywood Drive #14-15, Spencer, NC 28159

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Land for sale off the main road on gravel drive.

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Land Parcel on Gravel Drive
Land Parcel on Gravel Drive

0 Hollywood Drive #16, Spencer, NC 28159

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Land for sale off the main road in Spencer, NC.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 6 Active listings in Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

Commercial Land With Utilities
Commercial Land With Utilities

00 Long Ferry Road, Salisbury, NC 28144

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

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Commercial Land at Three-Street Intersection
Commercial Land at Three-Street Intersection

903 N Long Street, Salisbury, NC 28144

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

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Land, East Spencer, NC
Land, East Spencer, NC

S Long Street, East Spencer, NC 28039

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0.22 AC lot

Land · 0.22 Acres

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Land, East Spencer, NC
Land, East Spencer, NC

Royal Street, East Spencer, NC 28144

$70,000
1.25 AC lot

Land · 1.25 Acres

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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
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3rd St
VACANT COMMERCIAL LAND

3rd St, Spencer, NC 28159

Value Estimation by Request
0.33 AC lot
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1200 Salisbury Ave
VACANT COMMERCIAL LAND

1200 Salisbury Ave, Spencer, NC 28159-1917

$240,000
Estimated value
0.22 AC lot
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129 5th St
VACANT COMMERCIAL LAND

129 5th St, Spencer, NC 28159-2125

$170,000
Estimated value
3,075 sqft 0.09 AC lot
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Salisbury Ave
VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$55,000
Estimated value
0.04 AC lot
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103 9th St
VACANT COMMERCIAL LAND

103 9th St, Spencer, NC 28159-2004

Value Estimation by Request
0.17 AC lot
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112 6th St
VACANT COMMERCIAL LAND

112 6th St, Spencer, NC 28159-2110

$175,000
Estimated value
0.17 AC lot
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505 Yadkin Ave
VACANT COMMERCIAL LAND

505 Yadkin Ave, Spencer, NC 28159

$235,000
Estimated value
0.16 AC lot
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320 Salisbury Ave
VACANT COMMERCIAL LAND

320 Salisbury Ave, Spencer, NC 28159-2237

$175,000
Estimated value
0.06 AC lot
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1411 Salisbury Ave
VACANT COMMERCIAL LAND

1411 Salisbury Ave, Spencer, NC 28159-1920

$215,000
Estimated value
0.17 AC lot
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Lee St
INDUSTRIAL - VACANT LAND

Lee St, Spencer, NC 28159

$220,000
Estimated value
0.17 AC lot
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1102 Salisbury Ave
VACANT COMMERCIAL LAND

1102 Salisbury Ave, Spencer, NC 28159-1915

$130,000
Estimated value
900 sqft 0.13 AC lot
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1108 Salisbury Ave
VACANT COMMERCIAL LAND

1108 Salisbury Ave, Spencer, NC 28159-1915

$135,000
Estimated value
0.89 AC lot
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Salisbury Ave
VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$135,000
Estimated value
0.18 AC lot
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5th St
VACANT COMMERCIAL LAND

5th St, Spencer, NC 28159

$195,000
Estimated value
0.17 AC lot
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1310 Lee St
INDUSTRIAL - VACANT LAND

1310 Lee St, Spencer, NC 28159-1910

$225,000
Estimated value
0.18 AC lot
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1202 Lee St
INDUSTRIAL - VACANT LAND

1202 Lee St, Spencer, NC 28159-1908

$40,000
Estimated value
930 sqft 0.32 AC lot
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Salisbury Ave
VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

$240,000
Estimated value
0.44 AC lot
View details

Spencer, NC Land Market Trends and Statistics

Explore 64 land for sale in Spencer, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 38,333 square feet of properties for sale, with an estimated market value of $92,500.

Sale prices for lots in Spencer, NC start at $42,500, averaging $46,250, 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

Commercial land 4
Residential land & home lots 3

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 $41.1K

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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