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    311 Main St Kannapolis, NC 28081

    For Sale
    $350,000

    0.32-Acre Lot, $350,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 0.32-acre commercial lot presents a unique investment opportunity in the thriving city of Kannapolis, North Carolina. Located at 311 S Main Street, this property offers significant potential for a variety of commercial ventures. The site's convenient location provides easy access to major roadways, ensuring high visibility and accessibility for potential businesses. The property is currently vacant, allowing for complete design flexibility and customization to suit specific business needs. Buyers can envision a new construction project tailored to their exact specifications, taking advantage of the prime location and ample space. The absence of existing structures eliminates demolition costs and streamlines the development process. This presents a blank canvas for entrepreneurs and investors seeking to establish a strong presence in a growing market. The property is readily accessible, with a lockbox on the front door for convenient showings. This is an exceptional chance to acquire a strategically positioned commercial lot in a dynamic and expanding area. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is $350,000. Don't miss this chance to secure a prime piece of Kannapolis real estate.

    Property Features for 311 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1921
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    55 Gallon Drums ... Barrel Supplier Hope's Bridal Boutique Bridal Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6263
    Latitude
    35.49362

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    FAQs

    What type of property is this?
    Commercial real estate - 0.32-Acre Lot, $350,000
    Where is this commercial real estate located?
    The property is located at 311 Main St Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    (704) 933-2231
    Request Owner's contact information
    311 Main St Kannapolis, NC 28081
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    Kannapolis, NC 28081
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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
    311 Main St Kannapolis, NC 28081
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