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420 W Ritchie Rd - Ritchie Rd Property 5 Acres of Commercial Land Offered at $1,060,899 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 traffic and commercial activity
- Future road extensions, such as the Henderson Grove Church Road extension, will further enhance connectivity.
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Third Party Reports
PROPERTY FACTS
| Price | $1,060,899 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | HB - Highway Business | ||
| Price | $1,060,899 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.00 AC |
| No. Stories | 1 |
| Zoning | HB - Highway Business |
1 LOT AVAILABLE
Lot
| Price | $1,060,899 CAD | Lot Size | 5.00 AC |
| Price Per AC | $212,179.85 CAD |
| Price | $1,060,899 CAD |
| Price Per AC | $212,179.85 CAD |
| Lot Size | 5.00 AC |
+/- 5 acres of Highway Business 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. Possible additional acreage. Best suited for Build-to-suit developers and owner/users.
PROPERTY TAXES
| Parcel Number | 400-051 | Improvements Assessment | $0 CAD |
| Land Assessment | $55,249 CAD | Total Assessment | $55,249 CAD |
PROPERTY TAXES
Presented by
420 W Ritchie Rd - Ritchie Rd Property
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