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Flex Space With Offices
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565 Cabarrus Avenue W, Concord, NC 28205

A front reception area, four offices, and rear utility space support a range of commercial configurations.

Property Size1,922 SF
Days on Market6

Property Features for 565 Cabarrus Avenue W

General Information

Standard status Active
Size 1,922 SF
Property subtype Office

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

reception area
Additional parcels description:, Parcel Number: 5620-33-4607-0000, Assessed Value: $46,150
Listing ID: CAR4430083, Standard Status: Active, MLS Status: Active, Property Subtype: Office
Built in 1922
County/Parish: Cabarrus
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Paved

Building Details

Building Size 1,922 SF
Year Built 1922
Listing Agency: Elite Team Realty
Listed By: Shelley Greene
Source: Blackstreaminternational
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 4 at 2:24PM

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 Elite Team Realty

Investment Insights

Based on property information with market context.

Built in 1922, this flex property features a reception area at the entrance, four offices, one bathroom, a separate sink area, and utility/flex space. Three offices measure approximately 10 by 10 feet; the fourth is smaller. The property is described as suitable for office, retail, or light industrial use, subject to approval of the proposed business by the appropriate municipalities.

On-site parking serves customers and staff. The property is near downtown Concord and I-85, with local businesses and residential neighborhoods in the surrounding area. Occupancy is available immediately. The tenant is responsible for water, power, and trash.

Key Highlights

  • Four offices, including three approximately 10 by 10 feet
  • Reception area, one bathroom, rear sink area, and utility/flex space
  • On‑site parking for customers and staff

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Electrical 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.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28205, NC

49,600
Population
24,605
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
86%
High-School Grad
11.8 sq mi
ZIP Area
4,203
Density / Sq Mi
$72,479
Median Household Income
$49,340
Median Earnings
$1,376
Median Rent
$410,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A front reception area, four offices, and rear utility space support a range of commercial configurations.
Where is this flex space located?
The property is located at 565 Cabarrus Avenue W Concord, NC.
What are key features of this property?
This property features: Four offices, including three approximately 10 by 10 feet; Reception area, one bathroom, rear sink area, and utility/flex space; On‑site parking for customers and staff
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