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    6304 Mooresville Rd, Unit Kannapolis Kannapolis, NC 28081

    For Sale
    $4,595,000

    109-acre residential development property in a high-growth Kannapolis area.

    Property size:
    109 SF

    Property Features for 6304 Mooresville Rd

    General Information

    Size
    109 SF

    Source: Peter Mazeine Agent Peter Mazeine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    109-Acre Residential Development Opportunity

    This 109-acre residential development property is located approximately 0.65 miles west of the intersection of Kannapolis Parkway and Mooresville Road. The site includes approximately 928 feet of frontage on Mooresville Rd. The property is zoned AO (Agriculture Open) in unincorporated Cabarrus County; however, it lies within the planning jurisdiction of Kannapolis, which has recently updated its Comprehensive Land Use Plan and has designated the area in which the subject is located as "Cluster Residential." The property is in a high-growth area of Kannapolis and is close to I-85, Kannapolis Parkway, and US 29. Public water and community septic are assumed. Future public sewer information is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Department Store HVAC Service Nursing Home Assisted Living Facility Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6847089
    Latitude
    35.4888323

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    FAQs

    What type of property is this?
    Land - 109-acre residential development property in a high-growth Kannapolis area.
    Where is this land located?
    The property is located at 6304 Mooresville Rd, Unit Kannapolis Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $4,595,000.
    What are key features of this property?
    This property features: - 109-acre property suitable for residential development.; - Designated "Cluster Development" on Comprehensive Land Use Plan, suggesting potential for higher-density residential development.; - Located in a high-growth area of Kannapolis.
    (704) 906-1202
    Request Owner's contact information
    6304 Mooresville Rd, Unit Kannapolis 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
    6304 Mooresville Rd, Unit Kannapolis Kannapolis, NC 28081
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