2120 Mooresville Road presents investors and developers with the ideal opportunity in Salisbury, Maryland. The raw 2.33 acres (approximately 1.911 net acres) comprise three contiguous parcels at an advantageous location. Situated at the lighted intersection of Mooresville Road and Sherrills Ford Road, the land has excellent frontage and visibility. The property is immediately adjacent to Dollar General and a local produce market, which drives demand daily. Investors and developers have excellent optionality moving forward with this asset. The land has NMX, neighborhood mixed-use, zoning. This allows for several potential uses once the land is cleared, and permits are acquired. The commercial uses permitted with this designation include general retail, service stations, restaurants, offices, service establishments, and more.
As a part of the larger Charlotte metro, 2120 Mooresville Road benefits from its proximity to this major metropolis. Charlotte regularly ranks as one of the fastest-growing metropolitan areas in the United States. Thanks to a temperate climate and diverse economy, Charlotte has become a destination for newcomers from throughout the country. Since 2010, population growth here has doubled the national average, and the area has added more than 500,000 new residents. A growing job market drives most moves to the area, and the financial services and corporate headquarters sectors are major drivers here. As home to the headquarters of Bank of America and Truist, as well as the largest employment center for Wells Fargo, the financial services industry is a key economic contributor. By some accounts, financial jobs make up about 8% of jobs but nearly 20% of income here. Corporate headquarters relocations have also driven job growth here, though they have slowed since the coronavirus pandemic began in 2020. Nine Fortune 500 and 18 Fortune 1000 companies are headquartered here including retailer Lowes, utility Duke Energy, chemicals company Albemarle, and industrial automation giant Honeywell. Charlotte is well-connected with transportation infrastructure. As a hub for American Airlines, Charlotte Douglas International Airport is one of the busiest in the country with more than 700 flights per day to North American, European, and Caribbean destinations. Interstate 85, which connects the area with major population centers in the Northeastern corridor, as well as the growing Atlanta market, has also attracted distribution and logistics operations.
Salisbury, North Carolina, is the primary cultural center of Rowan County just 45 minutes northeast of Charlotte. The downtown area, located less than 10 minutes from 2120 Mooresville Road, offers the classic Main Street America feel with historic sites, public art, local shops, dining, and entertainment lining the streets. Salisbury is also known for the NC Transportation Museum and Dan Nicholas Park, offering tourists and residents events year-round. Additionally, Salisbury is home to two colleges Catawba College and Livingston College. There are several retailers within a quick drive from the development site such as Food Lion, Biscuitville, McDonalds, Harris Teeter, Jersey Mikes Subs, Planet Fitness, Aldi, and many more.
Discover the ideal development site with preferred zoning in Salisbury, North Carolina.
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