1140 Peeler Rd

1,275,436 / 29.28
Lot Size / Acres

Description

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....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.
  1. Listed by Lantern Realty & Development LLC • melissayates4u@gmail.com
  2. Listed by Lantern Realty & Development LLC
LISTING UPDATED: 05/18/2026 02:12 AM

Property Details for 1140 Peeler Road

StatusActive
MLS #4382935
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size29.28 AC
CountyRowan County

Location

Listing Courtesy of Lantern Realty & Development LLC
Add your commute

Building Information for 1140 Peeler Road

Lot Size29.28 AC

Payment Calculator

$17,451 per month

30 year fixed, 6.36% Interest

Principal and Interest

$17,441

Property Taxes

$10

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1140 Peeler Road

Summary
Location and General Information
  • Road Frontage Type: 4 Lane Highway, Interstate
  • Longitude: -80.513578
  • Zoning: I
  • Road Frontage Length: 1400.0
  • Latitude: 35.612275
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $18,300.00
  • Parcel Number: 408006
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Sq Ft Building Minimum: 0
  • Lot Size Units: Acres
  • Possible Use: Commercial, Industrial
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 15
  • Road Responsibility: Publicly Maintained Road
  • Senior Community YN: No
  • Restrictions: No Representation, N/A
  • Restrictions Description: No Representation
Utilities
  • Sewer: Tap Fee Required
  • Water Source: Tap Fee Required
Interior and Exterior Features
Exterior Features
  • Pool Private YN: No
  • Road Surface Type: Gravel, Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 1140 Peeler Road

DateEvent & SourcePriceAppreciation
May 18, 2026

Listed (Active)

CANOPY #4382935

$3,500,000
Mar 31, 2026

Expired

CANOPY #4214092

$3,500,000
Jan 16, 2025

Listed (Active)

CANOPY #4214092

$3,500,000
DateEvent & SourcePrice
05/18/2026

Listed (Active)

CANOPY #4382935

$3,500,000
03/31/2026

Expired

CANOPY #4214092

$3,500,000
01/16/2025

Listed (Active)

CANOPY #4214092

$3,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1140 Peeler Road

Taxable ValueLand$18,300Additions-Total$18,300
Tax Record2025$123 ($10 / month)
Home Facts
Lot Size1,386,515 SqFtStyleIndustrialZoningCBICountyROWANAPN408 006

Schools near 1140 Peeler Road

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Duncan Koontz Elementary School
PublicPK to 5

Southeast Middle School
Public6 to 8

Jesse C Carson High School
Public9 to 12

Rowan County Early College
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

1140 Peeler Road is a 29.28 ac of land for sale in Salisbury, NC 28146. This property was listed for sale on May 18, 2026 by Lantern Realty & Development LLC, it's currently listed at $3,500,000. This listing's school district is Rowan-Salisbury School District. Nearby schools include Elizabeth Duncan Koontz Elementary School, Southeast Middle School and Jesse C Carson High School. 1140 Peeler Road is a 0-bed, 0-bath, 29.28 ac of land on a 1,275,436 sq. ft. / 29.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lantern Realty & Development LLC

Based on information submitted to the MLS GRID as of 05/18/2026 02:12 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.