1823 E Salisbury StreetAsheboro, NC 27203Price: $950,000

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.