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    Concord Lake Rd Kannapolis, NC 28083

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    For Sale
    $1,750,000

    Commercial land with high visibility near shopping and medical facilities.

    Lot size:
    5.30 Acres

    Property Features for Concord Lake Rd

    General Information

    Lot size
    5.30 Acres

    Source: Northstate Property Advisors, Inc. Agent Thomas Propst

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

    Overview

    Commercial Land Near Shopping Center

    This commercial land is zoned C-2 by the City of Kannapolis, NC, according to Cabarrus County GIS. The site benefits from frontage and visibility on Concord Lake Road (Highway 3) and Roxie Street. Future access will be available via the Coldwater Ridge Road extension. The property is adjacent to the Northlite Shopping Center and a Wal-Mart Supercenter, with access to a regional BMP. Additionally, the site is located in close proximity to Atrium Medical Center and downtown Kannapolis. There are 240 apartments under construction next to the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.601307
    Latitude
    35.471786

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    FAQs

    What type of property is this?
    Land - Commercial land with high visibility near shopping and medical facilities.
    Where is this land located?
    The property is located at Concord Lake Rd Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - High visibility and frontage on Concord Lake Road (Highway 3) and Roxie Street.; - C-2 zoning (City of Kannapolis, NC) suitable for commercial development.; - Adjacent to Northlite Shopping Center and Wal-Mart Supercenter.
    (704) 787-4850
    Request Owner's contact information
    Concord Lake Rd Kannapolis, NC 28083
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    Kannapolis, NC 28083
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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
    Concord Lake Rd Kannapolis, NC 28083
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