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1823 E Salisbury Street, Asheboro, NC 27203

For Sale

$950,000

2,032 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $467.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Excellent commercial redevelopment opportunity in booming east Asheboro. This 2.29-acre parcel is positioned in the heart of the city's auto dealership corridor, adjacent to Asheboro Chrysler Dodge Jeep Ram and directly across from Asheboro Nissan and Asheboro Honda. The site offers excellent visibility from East Dixie Drive, Asheboro's primary business corridor, with robust traffic counts of 19,544 and 16,323 AADT. The signalized intersection of East Dixie Drive and East Salisbury Street makes this site a prime location with strong potential for retail, office, mixed use, or high-density residential development. Asheboro Mall is less than a half mile to the west with national/regional retailers Belk, Books-A-Million, Bath & Body Works, Ulta, Dunham Sports, and Chick-fil-A, to name just a few. The site currently includes an older home, but the highest value lies in redevelopment for commercial use. Annexation into the City of Asheboro and rezoning will be required, both of which are supported by the City's Land Use Plan and the Planning Department, given the surrounding commercial activity. Buyers will also coordinate with the City Engineering Department for water and sewer services. Currently zoned R-10 and R-40 in Randolph County outside city limits, the property offers flexibility for a wide range of potential uses. Excellent visibility, strong traffic counts, and proximity to established retail and auto dealerships make this an attractive investment and development opportunity.
MLS# 10124381

Courtesy Of Century 21 Becky Medlin Realty

(919) 552-4517

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    2.29 Acres

Map and Directions

Directions to 1823 E Salisbury Street, Asheboro, NC 27203

Home seller CENTURY 21 The Realty Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Realty Group

(252) 355-7800
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.