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    6106 Old Macedonia Ct Concord, NC 28027

    For Sale
    $550,000

    Prime 1.47-acre commercial lot in Concord, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.47-acre commercial land parcel presents a remarkable investment opportunity in Concord, North Carolina. Located at 6106 Old Macedonia Ct, 28027, this property boasts a highly desirable location on a heavily traveled corridor, benefiting from combined traffic counts of 25,700 AADT. The site is zoned CD Commercial, providing flexibility for a variety of development options. Convenient access to a signalized intersection ensures high visibility and easy ingress/egress. The gently sloping topography simplifies development, while on-site water and sewer access nearby minimizes infrastructure costs. Its strategic location offers easy access to major transportation arteries including I-85, Hwy 73 (Davidson Hwy), and I-485, placing it within close proximity to downtown Kannapolis and Concord. The area is experiencing significant growth, surrounded by business parks, retail centers, residential developments, and schools, all within the rapidly expanding Cabarrus County. Please note that this is city-owned property, and any offers are subject to city council approval. This prime location and favorable zoning make this a truly exceptional opportunity for commercial development.

    Property Features for 6106 Old Macedonia Ct

    General Information

    Property type
    Land
    Lot Size
    64,033 SF

    HighLights

    • $550,000 asking price.
    • 1.47‑acre commercial land parcel.
    • CD Commercial zoning.
    • High traffic counts (25,700 AADT).
    • On‑site water/sewer.
    • Signalized intersection access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.681011
    Latitude
    35.439215

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    FAQs

    What type of property is this?
    Land - Prime 1.47-acre commercial lot in Concord, NC
    Where is this land located?
    The property is located at 6106 Old Macedonia Ct Concord, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 1.47-acre commercial land parcel.; CD Commercial zoning.
    Request Owner's contact information
    6106 Old Macedonia Ct 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
    6106 Old Macedonia Ct Concord, NC 28027
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