1935 Jake Alexander W Blvd Salisbury, NC 28147-1164
This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Salisbury, North Carolina. Located at 1935 Jake Alexander Blvd W, this single-tenant site boasts a highly visible position fronting Highway 60 (also known as Statesville Boulevard), ensuring maximum exposure for any development. The property is zoned Highway Business (HB), allowing for a wide range of commercial uses. This is the last remaining outparcel available at the Salisbury Mall, offering a rare chance to capitalize on a prime location within an established commercial area. The land is currently raw and ready for development, nestled between two attractively landscaped businesses in the West End Plaza, providing a desirable and aesthetically pleasing setting. Situated in Rowan County, this property offers easy access to major transportation routes and a thriving local market. Its strategic location and zoning make it ideal for a variety of commercial ventures. The 28147 zip code further underscores its accessibility and desirability. This is an exceptional opportunity to acquire a highly visible and well-located commercial property in a growing area. Contact us today to learn more about this exceptional investment opportunity.
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Family Closet 2 Discount Store (Bike/Boat/Book/etc) Store
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Bath & Body Works (Bike/Boat/Book/etc) Store Cosmetic Store
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Badcock Home Furniture &more Building Supply Electrical Service
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Big Lots Department Store
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Teri Kidz Consignment Discount Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, NCSalisbury. Always verify with local authorities before improvements.
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.