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$ 1,200,000
Est. payment | /mo
26.87 Acres Lot
$ 1,200,000
Est. payment | /mo
26.87 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4375712
Lot Size 26.870 Acres
Acres 26.87
Property Sub-Type Acreage
Property Description
Premier large-scale residential development opportunity in the rapidly growing East Spencer / Salisbury market. This site has been annexed, rezoned, and site plan approved for 164 townhome units, offering developers a rare chance to acquire a substantially advanced project with meaningful entitlement work already completed. Phase I Environmental Report has been completed, and site/utility schematics are available for review. Strategically positioned near major transportation corridors, employment centers, and continued regional growth, this property is well suited for regional or national builders seeking a scalable attached-housing development opportunity in an emerging submarket. Contact listing broker for due diligence materials, development documentation, and additional project information.
Location
State NC
County Rowan
Zoning COM-NEC
Exterior
Street Surface Concrete
Building
Sewer None
Water None
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Kristen Fesnak • 10X Real Estate & Investments • team@10xmyre.com
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