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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1823 E Salisbury St , Asheboro, NC 27203
$950,000
Est. Payment: $4,895.55/mo
0 Bed
0 Bath
2032 Sqft
Status: active | Days on site: 294
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Excellent commercial redevelopment opportunity in booming east Asheboro. This 2.29-acre parcel is positioned in the heart of the city's auto dealership corridor, adjacent to Asheboro Chrysler Dodge Jeep Ram and directly across from Asheboro Nissan and Asheboro Honda. The site offers excellent visibility from East Dixie Drive, Asheboro's primary business corridor, with robust traffic counts of 19,544 and 16,323 AADT. The signalized intersection of East Dixie Drive and East Salisbury Street makes this site a prime location with strong potential for retail, office, mixed use, or high-density residential development. Asheboro Mall is less than a half mile to the west with national/regional retailers Belk, Books-A-Million, Bath & Body Works, Ulta, Dunham Sports, and Chick-fil-A, to name just a few. The site currently includes an older home, but the highest value lies in redevelopment for commercial use. Annexation into the City of Asheboro and rezoning will be required, both of which are supported by the City's Land Use Plan and the Planning Department, given the surrounding commercial activity. Buyers will also coordinate with the City Engineering Department for water and sewer services. Currently zoned R-10 and R-40 in Randolph County outside city limits, the property offers flexibility for a wide range of potential uses. Excellent visibility, strong traffic counts, and proximity to established retail and auto dealerships make this an attractive investment and development opportunity.

Highlights

Listed by MJ Bartlett , 910-890-0353 Century 21 Triangle Group , 919-552-4517. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Commercial Sale

Lot/Acreage
2.29

Year Built

1950

County

Randolph

Listing ID

10124381

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Corner Lot,Gentle Sloping
Lot Dimensions:156 x 688 x 150 x 642
Zoning:R-10, R-40
Principal Interest
$4,896
Taxes
$107

Home Price

$950,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$190,000
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Monthly Price:
$4,895.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,895.55 $107.25 $0.00 $5,002.80
Yearly $58,746.55 $1,287.00 $0.00 $60,033.55
Total $1,762,396.41 $38,610.00 $0.00 $1,801,006.41

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Asheboro, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-01T23:27:03.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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