00 Ritchie Rd Salisbury, NC 28147
This exceptional 1.65-acre commercial land parcel presents a unique investment opportunity in Salisbury, North Carolina. Located at 00 Ritchie Road West, this property boasts convenient access to Interstate 85, just minutes from exit 74 (Julian Road). The lot is currently unimproved and offers significant potential for various business ventures. Its wooded character provides a tranquil setting while maintaining prime commercial visibility. The property is zoned HB (Highway Business), allowing for a wide range of development possibilities. Detailed site access is described in the original 1965 deed, noting a 10-foot alleyway providing ingress/egress to the adjacent property. This strategic location, coupled with the generous lot size and favorable zoning, makes this an ideal site for entrepreneurs and investors seeking a high-impact commercial development project in a rapidly growing area. The asking price for this exceptional property is $125,000. The property's address is 00 Ritchie Road W, Salisbury, NC 28147. Directions: From Charlotte, take I-85 North to exit 74 (Julian Road). Turn left onto Julian Road, then left onto W. Ritchie Road. The parcel is approximately 0.3 miles on the right.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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