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380 W Ritchie Rd - Ritchie Rd Property 8.32 Acres of Commercial Land Offered at $1,322,861 CAD in Salisbury, NC 28147
Investment Highlights
- Close proximity to I-85 and direct frontage on W Ritchie Rd, which benefits from a signalized left turn from Julian Rd.
- Broad range of possible uses under Highway Business zoning
- Undeveloped land suited for a free-standing build-to-suit development for owner-user or tenant needs.
- Septic allowed, SRU Sewer connection ~200 feet away
- Site is near complementary retail and industrial businesses that drive commercial activity, low traffic county on W Ritchie provides increased privacy
- New Henderson Grove Church Road extension enhances connectivity to Peach Orchard Rd
Executive Summary
Business Owners will benefit from Salisbury's Economic Incentives for businesses and Rowan County's business-friendly environment.
Strong Workforce Demographics: The site provides access to a robust labor force of over 1.14 million within a 30-minute commute, boasting a high participation rate (67.4%) and strong annual population growth (1.5%). Workers offer competitive wages with enhanced purchasing power due to a cost of living 2.9% below the U.S. average. The market is further validated by forecast growth in key sectors like Transportation & Logistics, Construction, and Professional Services. (Rowan County EDC, 2025)
Sewer connection on West Ritchie Rd ~200 feet south of 570 W Ritchie Rd (PIN 400 070), Septic allowed; Nearest possible public water connection to-date is located on Julian Rd.
Data Room Click Here to Access
- Third Party Reports
Property Facts
| Price | $1,322,861 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.32 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | HB & R - Highway Business & Residential | ||
| Price | $1,322,861 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.32 AC |
| No. Stories | 1 |
| Zoning | HB & R - Highway Business & Residential |
1 Lot Available
Lot
| Price | $1,322,861 CAD | Lot Size | 8.32 AC |
| Price Per AC | $158,997.69 CAD |
| Price | $1,322,861 CAD |
| Price Per AC | $158,997.69 CAD |
| Lot Size | 8.32 AC |
±8.32 acres of Highway Business & Residential Rural zoned land on W Ritchie Rd in Salisbury, NC. There are two occupied residential homes on the parcels.
Description
Formerly zoned residential with two existing occupied homes onsite. This property has since been rezoned to Highway Business Commercial (Rowan County) and falls under the City of Salisbury ETJ. There is sewer nearby (~200 feet), septic allowed. Nearest water on Julian Road. There is a Duke Energy easement for overhead transmission lines that impacts the southeast corner of the property. No environmental due diligence or entitlements have been done by sellers. Best suited for Small Business Owner/Users, Small-bay door Industrial Condos, Flex, etc.
Property Taxes
| Parcel Numbers | Improvements Assessment | $485,578 CAD | |
| Land Assessment | $301,124 CAD | Total Assessment | $786,703 CAD |
Property Taxes
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380 W Ritchie Rd - Ritchie Rd Property
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