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20 photos

$3,500,000

Salisbury, NC 28146
Listed by Melissa Yates · Lantern Realty & Development LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
9999

About this home

Prime development opportunity in the heart of Salisbury! Ideally located with excellent visibility and 1400 +/-road frontage along I-85, 1140 Peeler Road offers approximately 29+/- acres ready for its next chapter. This highly visible tract presents a rare opportunity for developers, investors, and visionaries seeking to create something truly exceptional in a rapidly growing corridor. Featuring gently rolling topography the property offers the perfect canvas for a wide variety of potential uses. Whether you envision commercial development, mixed-use opportunities, industrial potential, or a private investment venture, the possibilities are endless. Conveniently positioned with easy interstate access and outstanding exposure, this rare offering combines location, size, visibility, and opportunity all in one remarkable property. Bring your vision and ambition to life at 1140 Peeler Road, Salisbury, NC 28146. The future starts here.

Property details

MLS #
CAR4381268
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
36
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Koontz Elementary
1.31 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
478
Student:teacher ratio
12.6:1
District
Rowan-Salisbury Schools
Middle
Southeast Middle
0.4 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
640
Student:teacher ratio
16.0:1
District
Rowan-Salisbury Schools
High
Carson High
3.85 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,153
Student:teacher ratio
18.3:1
District
Rowan-Salisbury Schools

Mortgage calculator

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Est. monthly payment
$21,227/mo
$700,000 down
$2,800,000 loan
Principal & interest$18,161
Property tax (est.)$2,917
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 23, 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.