1823 E Salisbury Street
Hotel, Auto or Service Business Site | 2.29 AC
Marketing description
2.29 Acres | East Asheboro, NC | Signalized Corner | 19,544 & 16,323 AADT | Hotel · Auto · Retail · Office
A rare commercial opportunity at one of Asheboro's busiest intersections. Positioned at the signalized corner of East Dixie Drive and East Salisbury Street in the city's primary business corridor is this 2.29-acre parcel offers outstanding visibility, dual-frontage exposure, and traffic counts of 19,544 and 16,323 AADT.
The site sits at the center of Asheboro's auto dealership row, adjacent to Asheboro Chrysler Dodge Jeep Ram and directly across from Asheboro Nissan and Asheboro Honda. Asheboro Mall is less than a half mile to the west, anchored by Belk, Chick-fil-A, Ulta, Books-A-Million, Bath & Body Works, and Dunham Sports.
The property is well-suited for hotel, auto-related, retail, office, mixed-use, or high-density residential development. An older home sits on site but holds minimal value relative to the land's commercial potential.
Entitlement path: The property is currently zoned R-10/R-40 in Randolph County (outside city limits). Annexation into the City of Asheboro and rezoning are required both are supported by the City's Land Use Plan and Planning Department given the surrounding commercial activity. This process should take 60 - 90 days. Buyers will coordinate with City Engineering for water and sewer services.
Investment highlights
- 2.29 acres adjacent to Asheboro city limits
- Surrounded by national retailers and auto dealerships
- Lighted intersection at E. Dixie Dr & E. Salisbury St
- Across from Randolph County's new Agricultural Center complex
- Visibility from E. Dixie Dr (US 64 Business) – Asheboro’s main commercial corridor
- US 64 Business traffic counts: 19,544 (west) & 16,323 (east) AADT
- Annexation and commercial rezoning supported by City
- Excellent potential for hospitality, retail, office or mixed use
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