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Property profile & analytics
OFF-MARKET
Specialty properties

00 Ritchie Rd Salisbury, NC 28147

1.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.65-acre commercial lot presents a unique investment opportunity in Salisbury, North Carolina. Strategically located just off Interstate 85, at exit 74 (Julian Road), this wooded parcel offers unparalleled accessibility and visibility. The property is zoned HB (Highway Business), allowing for a diverse range of commercial ventures. Its convenient location, minutes from I-85, ensures high traffic volume and easy access for customers and employees. Detailed directions are available: From Charlotte, take I-85 North to exit 74 (Julian Road), turn left onto Julian Road, then left onto W. Ritchie Road. The property will be on your right after approximately 0.3 miles. While the property is currently unimproved, its prime location and zoning make it ideal for development. Please note that according to the original 1965 deed, a 10-foot alleyway exists to provide access to the adjacent property. This presents a unique opportunity for developers to consider in their plans. This is a rare chance to acquire a well-positioned commercial lot with significant potential for growth and return on investment in a thriving North Carolina market. The asking price is $125,000. The address is 00 W Ritchie Road, Salisbury, NC 28147.

Property profile
Verified
Property type Specialty properties
Lot 1.65 ac (71,874 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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