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Property profile & analytics
OFF-MARKET
Land

0 Peeler Rd Salisbury, NC 28147

75.86 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 75.86 ac (3,304,462 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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