Entitled Mixed-Use Development
For Sale
Contact for pricing
4642 Orphanage Rd, Concord, NC 28027
Approved development site with residential and retail components, partial sewer permitting, and convenient access to regional amenities.
Property SizeContact for details
Days on Market144
Property Features for 4642 Orphanage Rd
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
capstone
Listed By:
Josh Greenwald · License #NC 320152
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of capstone
Investment Insights
Based on property information with market context.
This 6.25-acre commercial land site at 4642 Orphanage Rd in Concord, North Carolina, is approved for a mixed-use project comprising 114 apartment units and 9,000 square feet of retail space. Some site work has been completed, with additional work expected to continue while the property is marketed. A partial sewer permit is in hand, and the site carries entitlements for the planned residential and retail components.
The property is approximately 0.5 mile from I-85 and approximately 0.5 mile from Rowan-Cabarrus Community College. Shopping, dining, entertainment, schools, parks, and other community amenities are within the surrounding area or a short drive. The approved unit count and retail allocation provide a defined framework for future development on the site.
The property is approximately 0.5 mile from I-85 and approximately 0.5 mile from Rowan-Cabarrus Community College. Shopping, dining, entertainment, schools, parks, and other community amenities are within the surrounding area or a short drive. The approved unit count and retail allocation provide a defined framework for future development on the site.
Key Highlights
- 6.25‑acre commercial land site in Concord, NC
- Entitled for 114 apartment units
- Approved for 9,000 square feet of retail space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 28027, NC
76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved development site with residential and retail components, partial sewer permitting, and convenient access to regional amenities.
Where is this commercial land located?
The property is located at 4642 Orphanage Rd Concord, NC.
What are key features of this property?
This property features: 6.25‑acre commercial land site in Concord, NC; Entitled for 114 apartment units; Approved for 9,000 square feet of retail space
