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
- Acres
- 0.001
- Lot Size (sqft)
- 26.87
- Property Type
- Purchase
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- County
- Rowan
- Region
- Salisbury
- Original List Price
- $1,200,000
- Days on Market (Cumulative)
- 125
- MLS #
- 4375712
- Property Subtype
- Acreage
- Parcel Number
- 053008
- MLS #
- 4375712
- Date Listed
- April 28, 2026
- Address
- 0 Pinetree Drive #3
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-04-28T21:56:05Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Provided By
Listed by Kristen Fesnak (#CAR47246)
Listing Office: 10X Real Estate & Investments (#CARR04488)
