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    360 Old Salisbury-Concord Rd Concord, NC

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    For Sale
    $3,200,000

    20,571 SF property with redevelopment potential on 6.27 acres.

    Property size:
    20,571 SF
    Lot size:
    7.39 Acres

    Property Features for 360 Old Salisbury-Concord Rd

    General Information

    Size
    20,571 SF
    Lot size
    7.39 Acres

    Source: New Branch Real Estate Advisors Agent Ryan Kinney, CCIM

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

    Overview

    Versatile Commercial Property in Concord

    This commercial property, formerly the Sundrop Bottling Company, offers 20,571 square feet of space, including 18,265 square feet of warehouse/high-bay area and 2,306 square feet of office space. Situated on approximately 6.27 acres, the site allows for expansion or subdivision. The property features three drive-in doors and two dock-high doors with pit levelers. Zoned C-2 Commercial, the site is suitable for light industrial, retail, office space, and other uses. Multiple buildings on the property allow businesses to occupy one while leasing out the others, providing income potential. The property presents opportunities for utilizing the existing structures or redeveloping the site for retail.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    U Store It Concord

    Map

    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.579511
    Latitude
    35.4087517

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    FAQs

    What type of property is this?
    Warehouse - 20,571 SF property with redevelopment potential on 6.27 acres.
    Where is this warehouse located?
    The property is located at 360 Old Salisbury-Concord Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - 20,571 SF of total space (18,265 warehouse & 2,306 office); - +/- 6.27 Acres with expansion or subdivision potential; - C-2 Commercial Zoning allowing for diverse uses (light industrial, retail, office, etc.)
    (704) 778-6100
    Request Owner's contact information
    360 Old Salisbury-Concord Rd Concord, NC
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    Concord, NC
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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
    360 Old Salisbury-Concord Rd Concord, NC
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