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    2306 S Cannon Blvd Kannapolis, NC 28083

    For Sale
    $450,000

    Commercial land with redevelopment potential at a busy intersection.

    Lot size:
    0.48 Acres

    Property Features for 2306 S Cannon Blvd

    General Information

    Lot size
    0.48 Acres

    Source: The Knox Group Agent Charles Knox

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

    Overview

    Commercial Land on Corner Lot

    This commercial land, identified by Tax Parcel ID 5622-07-7043-0000, is zoned C-2 and situated on a corner lot at the intersection of S Cannon Blvd/Hwy 29 and Michigan St. The site features approximately 100 feet of road frontage. It currently includes a two-story basement home with an unfinished basement. The zoning accommodates a range of nonresidential uses, including retail, office, and service establishments. The site is conducive to complete redevelopment or potential renovation for conversion to commercial use, subject to approval by Kannapolis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -80.6095423
    Latitude
    35.4622825

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with redevelopment potential at a busy intersection.
    Where is this commercial land located?
    The property is located at 2306 S Cannon Blvd Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Zoned C-2: Accommodates a broad range of retail, office, and service establishments.; - Located at the **busy intersection of S Cannon Blvd/Hwy 29 and Michigan St.**; - **Corner lot with approx. 100 feet of road frontage.**
    (704) 896-1911
    Request Owner's contact information
    2306 S Cannon Blvd 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
    2306 S Cannon Blvd Kannapolis, NC 28083
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