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Concord Land Development Opportunity

520 Central Drive NW, Concord, NC 28027

For Sale
$1,000,000

Land, Concord, NC

Property SizeContact for details
Lot Size1.64 Acres
Days on Market643

Property Features for 520 Central Drive NW

General Information

Property type Land
Property subtype Other
Zoning RC
Zoning description RC
Lot features Corner Lot
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 5620-19-1983-0000
Lot size 1.64 Acres

Taxes and HOA fees

Tax Description EAST SIDE CENTRAL DR 1.64AC
Legal Description EAST SIDE CENTRAL DR 1.64AC

Utilities

Sewer type Public Sewer
Listing Agency: Fathom Realty NC LLC
Listed By: Grainger Gilbert
Added: Feb 5, 2025 Changed: Aug 19 Last Checked: Nov 9 at 8:06AM
MLS# 4214134

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This property features approximately 1.64 acres of land. Zoned RC, it allows up to 15 units per acre, according to phone conversations with the City of Concord. The property is marketed as a development opportunity for either a multi-family development or single-family lots. All development plans are subject to City of Concord approval, and any multi-family or single-family lot permission needs to be approved through the City of Concord. The City of Concord is currently experiencing limited sewer capacity, and any future development will need to go through the sewer allocation process before site approval. There is an existing house on the property that is sold as-is and considered a tear-down.

Key Highlights

  • 1.64 acre lot zoned RC, allowing potential for up to 15 units per acre (subject to City of Concord approval).
  • Development opportunity for multi‑family or single‑family lots (subject to City of Concord approval).
  • Located in Concord, NC.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Skin Care Clinic HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Concord

Jul
Aug
Sep
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Frequently Asked Questions

What type of property is this?
Land - 1.64 acre lot zoned RC, potential for multifamily or single-family.
Where is this land located?
The property is located at 520 Central Drive NW Concord, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1.64 acre lot zoned RC, allowing potential for up to 15 units per acre (subject to City of Concord approval).; Development opportunity for multi‑family or single‑family lots (subject to City of Concord approval).; Located in Concord, NC.
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