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Kannapolis Redevelopment Opportunity
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1345 Sharon St, Kannapolis, NC 28083

High-visibility commercial land with redevelopment potential in a thriving market.

Property SizeContact for details
Lot Size0.53 Acres
Days on Market1087

Property Features for 1345 Sharon St

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype Land
Zoning R8
Listing Agency: Mortice Commercial Real Estate
Listed By: Steven Tice, CCIM · License #NC 168957
Source: Crexi
Added: Aug 31, 2023 Changed: Aug 21 Last Checked: May 12 at 9:48PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 28083, NC

25,821
Population
11,925
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,291
Density / Sq Mi
$60,563
Median Household Income
$39,831
Median Earnings
$1,120
Median Rent
$194,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
(704) 794-2294 Call to check price and availability
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