Kannapolis Redevelopment
1345 Sharon St, Kannapolis, NC 28083
High-visibility commercial land with redevelopment potential in a thriving market.
Type:Land
Lot size:
0.53 Acres- Added:
- Aug 31, 2023
- Days on Market:
- 1008
- Last Refresh:
- May 12 at 9:48 pm
Property Features for 1345 Sharon St
General Information
- Standard status
- Active
- Lot size
- 0.53 Acres
- Property subtype
- Land
Listing agent Steven Tice, CCIM License #NC 168957
Listing office Mortice Commercial Real Estate
Listing date Aug 31, 2023
Source Crexi
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 Mortice Commercial Real Estate
HighLights
- High traffic location on Dale Earnhardt Blvd (19,000 cars daily) and visible from South Cannon Blvd (23,500 cars daily).
- Potential for GC commercial zoning and currently zoned R8, allowing for retail, office, and medical use.
- Strong demographic profile: Over 92,000 population within a 5‑mile radius, projected to exceed 99,000 by 2028.
- Prime redevelopment opportunity on .53 +/- acre property.
- Owners are open to subdividing the property.
- Option to keep existing residential dwellings and utilize them as zoning allows.
Overview
This 0.53 +/- acre property in Kannapolis, NC, presents a redevelopment opportunity. Located on a flag lot at the intersection of Dale Earnhardt Blvd and South Cannon Blvd, the site at 1345 & 1393 Sharon St. offers high visibility. The property is currently zoned R8 with the potential for GC commercial zoning, offering possibilities for retail, office, and medical use. The location benefits from significant traffic flow, with approximately 19,000 vehicles per day on Dale Earnhardt Blvd and 23,500 vehicles per day visible from South Cannon Blvd (Hwy 29). The surrounding area has a strong demographic profile, with a population exceeding 92,000 within a 5-mile radius and a projected growth to over 99,000 by 2028. The buyer has the option of keeping one or both residential dwellings and having the potential to utilize them as they see fit and as zoning allows, although the sellers are selling the two parcels with the assumption that both residential dwellings will be demolished.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Kannapolis
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.6091045
- Latitude
- 35.4750796
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - High-visibility commercial land with redevelopment potential in a thriving market.
Where is this commercial land located?
The property is located at 1345 Sharon St Kannapolis, NC.
What is the asking price?
The asking price for this property is $794,900.
What are key features of this property?
This property features: High traffic location on Dale Earnhardt Blvd (19,000 cars daily) and visible from South Cannon Blvd (23,500 cars daily).; Potential for GC commercial zoning and currently zoned R8, allowing for retail, office, and medical use.; Strong demographic profile: Over 92,000 population within a 5‑mile radius, projected to exceed 99,000 by 2028.
