0 Peeler Rd Salisbury, NC 28147
This exceptional 75.86-acre industrial development site in Salisbury, North Carolina, presents a unique investment opportunity. Located on Peeler Road in Rowan County (zip code 28147), this property boasts a prime location with convenient access to Interstate 85, placing it within the Charlotte MSA. The land is zoned Commercial (ED-3) within the I-85 Exchange Development District 3, allowing for a variety of uses including hotel, restaurant, automotive, retail, and industrial development. With good topography and readily available water and sewer infrastructure, this site is ready for immediate development. The average daily traffic count on this section of I-85 is 91,000 vehicles, and the property shares an interchange with a Pilot truck stop, ensuring high visibility and accessibility. Priced at $63,000 per acre, this represents a compelling value proposition for developers seeking a strategically located, large-scale industrial site in a thriving market. The property's latitude and longitude coordinates are 35.6120309 and -80.5187493 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.