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1125 Klumac Rd

6.2 Acres of Commercial Land Offered at $1,825,000 in Salisbury, NC 28146

Investment Highlights

  • Excellent Visibility from I-85 north and south-bound
  • Located in qualified census tract that is eligible for tax credits for certain developments
  • Flexible HB zoning with no density cap
  • Convenient access from 2 Exits on I-85
  • Sewer and water available on parcel
  • Potential Uses include Multi Family, Retail, Warehouse, Hospitality, and more

Executive Summary

Property has may different potential uses including retail, hotel, car-dealership, and retail warehouse. Parcel is located in a qualified census tract and is eligible for tax credits for certain developments.

Property Facts Under Contract

Price $1,825,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Auto Dealership
  • Distribution
  • General Freestanding
  • Hotel
  • Industrial Live or Work Unit
  • Motel
  • Planned Unit Development
  • Retail Warehouse
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 6.20 AC
Cross Streets Rescue Rd
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,825,000
Price Per AC $294,355
Lot Size 6.20 AC

This +/-6.2 Acre Lot has excellent visibility and accessibility making it a great opportunity for retail development. The property is located between 2 exits on I-85, which has 75,000+ vehicles per day.

Description

This +/-6.2 Acre Lot has excellent visibility and accessibility making it a great opportunity for retail development. The property is located between 2 exits on I-85, which has 75,000+ vehicles per day. Property has may different potential uses including retail, hotel, car-dealership, and retail warehouse. Parcel is located in a qualified census tract and is eligible for tax credits for certain developments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060-099
Land Assessment
$1,423,200
Improvements Assessment
$35,440
Total Assessment
$1,458,640

zoning

Zoning Code HB
HB
  • Listing ID: 24708772

  • Date on Market: 12/22/2021

  • Last Updated:

  • Address: 1125 Klumac Rd, Salisbury, NC 28146

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