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    1310 Fox Ave Kannapolis, NC 28083

    Sponsored
    For Sale
    $374,900

    1.63 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 1.63-acre commercial land parcel in Kannapolis, NC, offers significant development potential. Located on Fox Avenue, it boasts nearly 300 feet of frontage along US Highway 29/Cannon Boulevard, a major thoroughfare with an average daily traffic count of 17,000 vehicles (per NC DOT data). The property is zoned General Commercial (C-2), providing flexibility for various commercial uses. Access is currently via Fox Avenue, a dirt road. Note that a residential structure on the site is included in the sale at no value

    Property Features for 1310 Fox Ave

    General Information

    Property type
    Land
    Lot Size
    71,003 SF

    HighLights

    • High‑visibility Hwy 29 frontage.
    • C‑2 General Commercial zoning.
    • Expandable to nearly 600' of Hwy 29 frontage at a signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Kannapolis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6102938
    Latitude
    35.5123911

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    FAQs

    What type of property is this?
    Land - 1.63 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at 1310 Fox Ave Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: High-visibility Hwy 29 frontage.; C-2 General Commercial zoning.; Expandable to nearly 600' of Hwy 29 frontage at a signalized intersection.
    Request Owner's contact information
    1310 Fox Ave Kannapolis, NC 28083
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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
    1310 Fox Ave Kannapolis, NC 28083
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