Commercial Land on Penny
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
(704) 786-8888
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,690
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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.