C-2 Zoned Commercial Development
For Sale
Contact for pricing
Pending
550 Penny Ln NE, Concord, NC 28025
Wooded commercial land with approximately 185 feet of frontage and water and sewer available at the road.
Lot Size2.55 Acres
Days on Market224
Property Features for 550 Penny Ln NE
General Information
Standard status
Pending
Lot size
2.55 Acres
Property subtype
LAND
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
New Branch Real Estate Advisors
(704) 451-9451
Listed By:
Isaac Nifong · License #295051
(704) 451-9451
Source:
Moodyscre
Added: Dec 18, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:50PM
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 Advisors
Investment Insights
Based on property information with market context.
Situated on Penny Lane in Concord, NC, this C-2 zoned commercial land tract offers an opportunity for development along a growing commercial corridor. The wooded site features rolling topography and is surrounded by a mix of commercial, medical, retail, and residential development.
The property is in close proximity to medical offices, Atrium Health Cabarrus, Carolina Place Mall, and I-85, supporting convenient regional access. It is described as approximately 3 minutes from I-85 and offers 185 feet of frontage on Penny Lane.
Water and sewer are available at the road. The C-2 Commercial zoning permits a wide range of retail, office, medical, and service uses.
The property is in close proximity to medical offices, Atrium Health Cabarrus, Carolina Place Mall, and I-85, supporting convenient regional access. It is described as approximately 3 minutes from I-85 and offers 185 feet of frontage on Penny Lane.
Water and sewer are available at the road. The C-2 Commercial zoning permits a wide range of retail, office, medical, and service uses.
Key Highlights
- Approximately 2.55 acres of C‑2 zoned commercial land on Penny Ln in Concord, NC
- About 185 ft of frontage on Penny Ln
- Wooded site with rolling topography
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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 - Wooded commercial land with approximately 185 feet of frontage and water and sewer available at the road.
Where is this commercial land located?
The property is located at 550 Penny Ln NE Concord, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 2.55 acres of C‑2 zoned commercial land on Penny Ln in Concord, NC; About 185 ft of frontage on Penny Ln; Wooded site with rolling topography
