Prime Commercial Redevelopment
For Sale
$950,000
1823 E Salisbury Street, Asheboro, NC 27203
COMMERCIAL - Asheboro, NC
Property Size2,032 SF
Lot Size2.29 Acres
Price / SF$467.52
Days on Market310
Property Features for 1823 E Salisbury Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
R-10, R-40
Lot features
Corner Lot, Gentle Sloping
Standard status
Active
APN
7761822858
Size
2,032 SF
Lot size
2.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
H W HINSHAW;L1-16
Tax Annual Amount
1287
Legal Description
H W HINSHAW;L1-16
Building Details
Year built
1950
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 552-4517
Listed By:
MJ Bartlett · License #239352
(910) 890-0353
Added: Sep 26, 2025
Changed: May 19
Last Checked: Aug 1 at 4:06AM
MLS# 10124381
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2.29-acre parcel presents a commercial redevelopment opportunity in east Asheboro, positioned in the city's auto dealership corridor, adjacent to Asheboro Chrysler Dodge Jeep Ram and directly across from Asheboro Nissan and Asheboro Honda. The site benefits from visibility on East Dixie Drive, a primary business corridor, with traffic counts of 19,544 and 16,323 AADT. Located at the signalized intersection of East Dixie Drive and East Salisbury Street, the site is suitable for retail, office, mixed-use, or high-density residential development. Asheboro Mall, with retailers such as Belk, Books-A-Million, Bath & Body Works, Ulta, Dunham Sports, and Chick-fil-A, is less than a half mile to the west. The site currently includes an older home; however, the value lies in redevelopment for commercial use. Annexation into the City of Asheboro and rezoning will be required, supported by the City's Land Use Plan and the Planning Department, given the surrounding commercial activity. Buyers will coordinate with the City Engineering Department for water and sewer services. Currently zoned R-10 and R-40 in Randolph County outside city limits, the property allows for a range of potential uses. The property's visibility, traffic counts, and proximity to established retail and auto dealerships make it an attractive investment and development opportunity.
Key Highlights
- Prime commercial redevelopment opportunity in booming east Asheboro.
- Excellent visibility on East Dixie Drive with high traffic counts (19,544 and 16,323 AADT).
- Located in the heart of the city's auto dealership corridor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 2.29-acre parcel in Asheboro's auto dealership corridor.
Where is this commercial land located?
The property is located at 1823 E Salisbury Street Asheboro, NC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime commercial redevelopment opportunity in booming east Asheboro.; Excellent visibility on East Dixie Drive with high traffic counts (19,544 and 16,323 AADT).; Located in the heart of the city's auto dealership corridor.
