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    520 Central Dr NW Concord, NC 28027

    For Sale
    $1,000,000

    LAND - Concord, NC

    Lot size:
    1.64 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 520 Central Dr NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC
    APN
    5620-19-1983-0000
    Lot size
    1.64 Acres

    Utilities

    Sewer type
    Public Sewer

    Fathom Realty NC, LLC. (888) 455-6040 [email protected]

    Listing agent Grainger Gilbert (704) 999-4662

    Listing date Oct 14, 2025

    MLS# 4214134 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Concord Land Development Opportunity

    This property features approximately 1.64 acres of land. Zoned RC, it allows up to 15 units per acre, according to phone conversations with the City of Concord. The property is marketed as a development opportunity for either a multi-family development or single-family lots. All development plans are subject to City of Concord approval, and any multi-family or single-family lot permission needs to be approved through the City of Concord. The City of Concord is currently experiencing limited sewer capacity, and any future development will need to go through the sewer allocation process before site approval. There is an existing house on the property that is sold as-is and considered a tear-down.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.607122
    Latitude
    35.415215

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.64 acre lot zoned RC, potential for multifamily or single-family.
    Where is this residential land & home lot located?
    The property is located at 520 Central Dr NW Concord, NC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 1.64 acre lot zoned RC, allowing potential for up to 15 units per acre (subject to City of Concord approval).; - Development opportunity for multi-family or single-family lots (subject to City of Concord approval).; - Located in Concord, NC.
    (704) 999-4662
    Request Owner's contact information
    520 Central Dr NW Concord, NC 28027
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    Concord, NC 28027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 Central Dr NW Concord, NC 28027
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