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    1287 Old Charlotte Rd Concord, NC 28027

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    For Sale
    $320,000

    Versatile property suitable for business, residential, or live/work use.

    Property size:
    1,642 SF

    Property Features for 1287 Old Charlotte Rd

    General Information

    Standard status
    Active
    Size
    1,642 SF

    Building Details

    Year built
    1955

    Source: PREMIER REAL ESTATE TEAM INC. Agent TERESA ROSS

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

    Overview

    Commercially Zoned Corner Lot Property

    This commercially zoned property, situated on a corner lot, offers flexibility for various business or residential applications. Originally configured as a 3-bedroom, 2-bath home, the 1,642 square-foot layout has been modified for office use, but it can be converted back to a full residence. There is potential to add back the second bathroom. The property is suitable for a small business, a live/work setup, or as an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Compensation Claim Solutions Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5971125
    Latitude
    35.3694821

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    FAQs

    What type of property is this?
    Live-work space - Versatile property suitable for business, residential, or live/work use.
    Where is this live-work space located?
    The property is located at 1287 Old Charlotte Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Commercially zoned property offering flexibility for business or residential use.; - **High-visibility corner lot location.**; - Adaptable layout, originally a 3-bedroom home, currently configured for office use, easily convertible back to residential.
    Request Owner's contact information
    1287 Old Charlotte Rd Concord, NC 28027
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    Concord, NC 28027
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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
    1287 Old Charlotte Rd Concord, NC 28027
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