$1,200,000
About this home
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.
Property details
- MLS #
- CAR4375712
- Property type
- Acreage
- Subdivision
- N/A
- Status
- Active
- Days on market
- 24
- On market date
- April 28, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 513
- Student:teacher ratio
- 15.5:1
- District
- Rowan-Salisbury Schools
- Enrollment
- 775
- Student:teacher ratio
- 14.9:1
- District
- Rowan-Salisbury Schools
- Enrollment
- 983
- Student:teacher ratio
- 17.6:1
- District
- Rowan-Salisbury Schools
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 22, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.