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    653 14Th St Kannapolis, NC 28083

    Sponsored
    For Sale
    $274,900

    High-traffic corner lot, retail/office potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.27-acre commercial land parcel presents a prime investment opportunity in Kannapolis, North Carolina. Located at the hard corner of East 14th Street and US Highway 29 (Cannon Boulevard), this property boasts significant visibility and accessibility due to its strategic location and a functioning traffic signal. Zoned C2, this lot offers flexibility for a variety of commercial and retail uses. The site benefits from approximately 300 feet of road frontage, providing ample space for development. According to the North Carolina Department of Transportation, this area experiences an average daily traffic volume of 17,000 vehicles, ensuring high exposure for any business established here. This is one of three available lots, allowing for potential expansion or the acquisition of adjacent parcels. The seller allows for rent bumps. The property is seller-owned and ready for immediate development. This prime location in Rowan County, on the Kannapolis side of Highway 29, offers a unique chance to capitalize on a high-traffic area with excellent visibility and potential for significant return on investment. The adjacent lots, totaling 1.65 and 0.38 acres respectively, are also available for purchase, presenting an opportunity to acquire a larger contiguous land holding.

    Property Features for 653 14Th St

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre corner lot with potential for expansion by 1‑2 additional lots.
    • Excellent Hwy 29 visibility (Am side).
    • Rowan County location within Kannapolis.
    • 300 feet of road frontage.
    • Hard corner with traffic signal.
    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
    -80.60905488
    Latitude
    35.51146475

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, retail/office potential.
    Where is this land located?
    The property is located at 653 14Th St Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: 1.27-acre corner lot with potential for expansion by 1-2 additional lots.; Excellent Hwy 29 visibility (Am side).; Rowan County location within Kannapolis.
    Request Owner's contact information
    653 14Th St 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
    653 14Th St Kannapolis, NC 28083
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