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    3201 Concord Pkwy Concord, NC 28027

    Sponsored
    For Sale
    $475,000

    Prime Concord location, near Charlotte Motor Speedway. High development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.78-acre commercial and residential land parcel presents a remarkable investment opportunity in Concord, North Carolina. Located at 3201 Concord Parkway South, this property boasts a desirable C2 zoning designation, allowing for a variety of development possibilities. The lot features over one net developable acre, providing ample space for construction. Its strategic corner location offers excellent visibility and accessibility. The property is situated in a rapidly growing corridor of Cabarrus County, just north of the Charlotte Metro area, benefiting from its proximity to major attractions and amenities. Nearby establishments include Walmart, Food Lion, Walgreens, the renowned Charlotte Motor Speedway, Concord-Padgett Airport, and Parkway Station Apartment Homes. Furthermore, its close proximity to zMax Dragway and Rocky River Golf Club adds to its appeal. The area is poised for continued growth, thanks to a new boulevard project connecting Highway 29 (Concord) to Highway 49 (Harrisburg), enhancing connectivity and accessibility. The property's APN is 5509 55 3675 0000, and it is currently owned by JR Developers LLC. The asking price for this exceptional land parcel is $475,000.

    Property Features for 3201 Concord Pkwy

    General Information

    Property type
    Land
    Lot Size
    295,337 SF

    HighLights

    • Excellent proximity to major retailers including Walmart, Food Lion, and Walgreens.
    • Convenient access to Charlotte Motor Speedway.
    • Close to Concord‑Padgett Airport for easy travel.
    • Situated near Parkway Station Apartment Homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6593968
    Latitude
    35.3752527

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    FAQs

    What type of property is this?
    Land - Prime Concord location, near Charlotte Motor Speedway. High development potential.
    Where is this land located?
    The property is located at 3201 Concord Pkwy Concord, NC.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Excellent proximity to major retailers including Walmart, Food Lion, and Walgreens.; Convenient access to Charlotte Motor Speedway.; Close to Concord-Padgett Airport for easy travel.
    (910) 997-2544
    Request Owner's contact information
    3201 Concord Pkwy Concord, NC 28027
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    Concord, NC 28027
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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
    3201 Concord Pkwy Concord, NC 28027
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