0 Choate Rd - Industrial Development Opportun

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0 Choate Rd - Industrial Development Opportun

Salisbury, NC 28146
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

Located at 0 Choate Road in Salisbury, North Carolina, this industrial development site is situated within a growing regional logistics corridor. The property offers proximity to the central business district and established retail amenities along Highway 70. Strategically positioned for transit efficiency, the location provides direct access to the Interstate 85 corridor, facilitating connections between the Charlotte and Greensboro metropolitan markets. The surrounding neighborhood is characterized by a mix of established industrial facilities and undeveloped acreage, supported by existing utility infrastructure. This land asset is suited for light to heavy industrial development, including warehouse distribution centers or specialized manufacturing facilities. Given the regional transportation network, the site fits the requirements of third-party logistics providers, regional wholesalers, or fleet operations seeking central Piedmont positioning. The topography and zoning support flexible site plans for builders looking to establish long-term operations or build-to-suit projects catered to mid-sized industrial users.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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