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    3550 Us-601 Concord, NC 28025

    Sponsored
    For Sale
    $750,000

    Prime Concord location, flexible office space, high visibility.

    Property size:
    3,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Concord, NC commercial property, located at 3550 US-601, offers a unique investment opportunity. The 0.57-acre lot features two buildings totaling 3,025 to 4,753 square feet, built in 1947. Currently vacant, the property is zoned GC and presents significant potential for redevelopment or adaptive reuse. The existing structure, with its adaptable layout, could easily be converted into a multi-service salon or other commercial use. The two-story buildings offer two separate entrances and shared kitchen and bathroom facilities. A detached two-bay garage provides additional space, potentially convertible into an apartment or office/storage. The property's high visibility near the intersection of US-601 and Highway 49, directly across from a Food Lion shopping center, ensures high traffic exposure. This prime location in a rapidly growing area of Concord makes this a compelling investment in a thriving commercial market. The property's flexibility allows for a variety of uses, from creative office spaces to traditional office setups, making it an ideal choice for entrepreneurs and investors alike. Consider demolition for a new build, or capitalize on the existing structure's potential. This is a rare opportunity to acquire a versatile property in a highly desirable location.

    Property Features for 3550 Us-601

    General Information

    Property type
    Office space
    Square Feet
    3,025 SF
    Class
    C
    Lot Size
    24,829 SF

    Building Details

    Year Built
    1947
    Buildings
    2
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5482303
    Latitude
    35.3686844

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    FAQs

    What type of property is this?
    Office space - Prime Concord location, flexible office space, high visibility.
    Where is this office space located?
    The property is located at 3550 Us-601 Concord, NC.
    What is the asking price?
    The asking price for this property is $750,000.
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    3550 Us-601 Concord, NC 28025
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    Concord, NC 28025
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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
    3550 Us-601 Concord, NC 28025
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