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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

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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

Nestled in the vibrant city of Salisbury, this area boasts a thriving commercial and industrial landscape and access to essential amenities. The property benefits from close proximity to notable landmarks such as the historic downtown district, various retail hubs, and key transportation routes. Salisbury's dynamic business environment and cultural attractions make it an appealing location for potential investors, business owners, and developers. With a diverse range of dining, entertainment, and recreational options nearby, the area offers an enticing blend of convenience and opportunity for land or other investors.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,060,899 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Cement or Gravel Plant
  • Contractor Storage Yard
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Motel
  • Office Park
  • Police or Fire Station
  • Post Office
  • Research and Development
  • Truck Terminal
  • Utility Substation
Total Lot Size 5.00 AC
No. Stories 1
Zoning HB - Highway Business

1 LOT AVAILABLE

Lot

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

PROPERTY TAXES

Parcel Number
400-051
Land Assessment
$55,249 CAD
Improvements Assessment
$0 CAD
Total Assessment
$55,249 CAD
  • Listing ID: 37220210

  • Date on Market: 2025-08-11

  • Last Updated:

  • Address: 420 W Ritchie Rd, Salisbury, NC 28147

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