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.
Active
$3,500,000
1140 Peeler Rd, Salisbury, NC 28146
--beds
--baths
29.28Acres
Unimproved Land
Built in ----
29.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibilityGently rolling topographyHighly visible tractOutstanding exposure
- 37 days |
- 42 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Yates melissayates4u@gmail.com,
Lantern Realty & Development LLC,
Richard Yates,
Lantern Realty & Development LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4382935
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Frontage length: Road Frontage: 1400
Lot
- Size: 29.28 Acres
Details
- Parcel number: 408006
- Zoning: I
- Special conditions: Standard
Utilities & green energy
- Sewer: Tap Fee Required
- Water: Tap Fee Required
Community & HOA
Location
- Region: Salisbury
Financial & listing details
- Tax assessed value: $18,300
- Annual tax amount: $127
- Date on market: 5/18/2026
- Cumulative days on market: 38 days
- Listing terms: Cash,Construction Perm Loan,Conventional
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,099/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $3,500,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $127 +3.7% | $1,569,632 |
| 2024 | $123 | $1,569,632 |
| 2023 | $123 -2.8% | $1,569,632 +37.2% |
| 2022 | $126 | $1,144,222 |
| 2021 | $126 | $1,144,222 |
| 2020 | $126 +1% | $1,144,222 |
| 2019 | $125 -98.5% | $1,144,222 +0% |
| 2018 | $8,467 +6786.2% | $1,144,221 |
| 2017 | $123 | $1,144,221 |
| 2016 | $123 | $1,144,221 |
| 2015 | $123 -1.5% | $1,144,221 |
| 2014 | $125 | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28146
Nearby schools
GreatSchools rating
- 1/10Elizabeth Duncan Koontz Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 1/10Southeast Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Jesse C Carson High SchoolGrades: 9-12Distance: 3.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Rowan County
- Salisbury
- 28146
- 1140 Peeler Rd





