21 Fully Entitled Townhome Lots – Excellent Infill Development Opportunity
Discover a shovel-ready residential opportunity in one of North Carolina’s fastest-growing secondary markets. Located just minutes from vibrant Downtown Salisbury, 115 Rose Lane offers 21 fully entitled townhome lots, providing immediate development potential in a community experiencing strong population and employment growth.
Salisbury is benefiting from a significant wave of economic expansion. The recent announcement of Jabil’s new 350,000+ SF advanced manufacturing facility, bringing 600+ new jobs, underscores the area’s rising demand for housing. Additionally, the city continues to attract major employers in logistics, healthcare, manufacturing, and higher education—driving consistent in-migration and household formation.
According to the 2024 North Carolina Housing Gap Study, Rowan County faces a substantial housing shortage, particularly in entry-level and attainable homeownership product. Demand for townhomes continues to accelerate as buyers seek affordable, low-maintenance living with convenient access to I-85, Charlotte, Greensboro, and Winston-Salem.
115 Rose Lane is ideally positioned to capture this unmet demand. The property sits within minutes of retail, grocery, restaurants, Novant Health Rowan Medical Center, Catawba College, and Salisbury’s historic downtown. Infrastructure, utilities, and entitlement work are already in place—allowing a builder to move quickly toward vertical construction.
This is a rare opportunity to acquire ready-to-build lots in a high-demand and fast-improving submarket with strong future appreciation potential. Perfect for regional and local builders, build-to-rent groups, or investors seeking a manageable infill development.
Louis Baldwin
Baldwin Properties
