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    5223 Davidson Hwy Concord, NC 28027

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    For Sale
    Contact for pricing

    Prime Concord land, I-85 access, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in Concord, North Carolina. Located on heavily traveled Davidson Highway (Hwy 73), this property boasts unparalleled visibility and accessibility. The site is strategically positioned near the interchange of Interstate 85 and Highway 73, ensuring convenient access for customers and employees. With a General Commercial (GC) zoning designation, the property is suitable for a wide range of commercial uses, including office and retail developments. Four parcels are available, each ranging from 1.1 to 1.3 acres, and can be purchased or leased individually or as a portfolio. The high traffic volume of Davidson Highway (24,500 AADT) and its proximity to Kannapolis Parkway (27,000 AADT) guarantee significant exposure. Furthermore, the property's location offers easy access to Downtown Charlotte and Charlotte Douglas International Airport, approximately 20 minutes away. This presents a compelling opportunity for businesses seeking a high-traffic location with excellent visibility and diverse development potential. The property's size and zoning make it ideal for a variety of commercial ventures. Don't miss this chance to secure a prime location in a thriving area.

    Property Features for 5223 Davidson Hwy

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.1‑1.3 acre commercial land parcels in Concord, NC.
    • Located on heavily traveled Davidson Hwy (Hwy 73), near I‑85 and Hwy 73 interchange.
    • General Commercial (GC) zoning allows for diverse office and retail uses.
    • High traffic count of 24,500 AADT.
    • 20 minutes from Downtown Charlotte and Charlotte Douglas International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.666229320899
    Latitude
    35.435814702531

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    FAQs

    What type of property is this?
    Land - Prime Concord land, I-85 access, high traffic.
    Where is this land located?
    The property is located at 5223 Davidson Hwy Concord, NC.
    What are key features of this property?
    This property features: 1.1-1.3 acre commercial land parcels in Concord, NC.; Located on heavily traveled Davidson Hwy (Hwy 73), near I-85 and Hwy 73 interchange.; General Commercial (GC) zoning allows for diverse office and retail uses.
    Request Owner's contact information
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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
    5223 Davidson Hwy Concord, NC 28027
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