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    569 Union St Concord, NC 28025

    For Sale
    $350,000

    Development tract with RM-2 zoning near downtown Concord.

    Property Features for 569 Union St

    General Information

    Standard status
    Active

    Source: HOWARD HANNA ALLEN TATE SOUTHPARK Agent FRANK TURNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Concord Development Tract For Sale

    This is a 0.69-acre development tract with RM-2 zoning, allowing approximately four single-family units per acre. The parcel features around 150 feet of frontage on Union Street South and a rear right-of-way to Sunnyside Drive SE. Utilities are available at the street. It is located minutes from downtown Concord, which is now designated as a Social District that features outdoor dining, entertainment, and community festivals. The property also offers convenient access to I-85, regional retail options, parks, and schools. This lot, part of a two-parcel package, has no environmental notices. Note that 486 Union Street S has been rezoned to (PUD) Planned Unit Development. This property allows capitalizing on Concord’s growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5666927
    Latitude
    35.3961872

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    FAQs

    What type of property is this?
    Land - Development tract with RM-2 zoning near downtown Concord.
    Where is this land located?
    The property is located at 569 Union St Concord, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - RM-2 zoning allows for approximately 4 single-family units per acre.; - 0.69-acre parcel in a desirable Concord development area.; - Prime location near downtown Concord's Social District with dining and entertainment.
    (704) 364-6400
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    569 Union St Concord, NC 28025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    569 Union St Concord, NC 28025
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