Search
Commercial Land on Penny Lane
For Sale
$525,000
Pending

550 Penny Lane NE, Concord, NC 28025

C-2 zoned commercial land in a growing corridor.

Days on Market226

Property Features for 550 Penny Lane NE

General Information

Standard status Pending
Property subtype Land or Vacant Lot
Listing Agency: NEW BRANCH REAL ESTATE ADVISOR
Listed By: ISAAC NIFONG
Source: Corcoran
Added: Dec 16, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:01AM

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 NEW BRANCH REAL ESTATE ADVISOR

Investment Insights

Based on property information with market context.

This commercial land tract is located on Penny Lane in Concord, North Carolina. Zoned C-2 Commercial, the property allows for a variety of retail, office, medical, and service uses. The wooded site features rolling topography and is surrounded by a mix of commercial, medical, retail, and residential developments. The property is situated in a growing commercial corridor and is in close proximity to medical offices, Atrium Health Cabarrus, Carolina Place Mall, and I-85, providing accessibility throughout the region.

Key Highlights

  • C‑2 Commercial Zoning allows for a wide range of uses.
  • Close proximity to Atrium Health Cabarrus.
  • Located in a growing commercial corridor.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Storage Facility Catering Service Home Appliance Store Pet Grooming Service

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

1,690
Businesses Nearby

Demographics for 28025, NC

58,260
Population
23,759
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
91%
High-School Grad
108.4 sq mi
ZIP Area
537
Density / Sq Mi
$79,271
Median Household Income
$43,167
Median Earnings
$1,223
Median Rent
$264,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - C-2 zoned commercial land in a growing corridor.
Where is this commercial land located?
The property is located at 550 Penny Lane NE Concord, NC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: C‑2 Commercial Zoning allows for a wide range of uses.; Close proximity to Atrium Health Cabarrus.; Located in a growing commercial corridor.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message