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    251 State Hwy 49 Concord, NC 28025

    Sponsored
    For Sale
    $3,650,000

    Prime 20-acre industrial lot, Hwy 49S frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 20-acre parcel of cleared land presents a significant investment opportunity in Concord, North Carolina. Located at 251 State Hwy 49, Cabarrus County, zip code 28025, this property boasts ample road frontage with direct access from Highway 49 South. The land is zoned GI and offers significant potential for various industrial uses. The parcel's advantageous location is further enhanced by its proximity to a newly constructed Kroger Distribution Center, suggesting a thriving and expanding industrial area. The property's size, accessibility, and strategic location make it an ideal site for a wide range of industrial developments. The asking price is $3,650,000. The Assessor's Parcel Number (APN) is 5539-22-6980-0000. This is a for sale by owner listing. This is a rare opportunity to acquire a substantial, ready-to-develop industrial land parcel in a high-growth area. Don't miss out on this prime investment opportunity.

    Property Features for 251 State Hwy 49

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • Exceptional investment opportunity.
    • High‑demand location with strong tenant base.
    • Modern, efficient building design maximizing ROI.
    • Significant upside potential through lease rate increases.
    • Below‑market cap rate presents attractive yield.
    • Long‑term lease agreements provide stable cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.567671345535
    Latitude
    35.369710392427

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    FAQs

    What type of property is this?
    Land - Prime 20-acre industrial lot, Hwy 49S frontage.
    Where is this land located?
    The property is located at 251 State Hwy 49 Concord, NC.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity.; High-demand location with strong tenant base.; Modern, efficient building design maximizing ROI.
    Request Owner's contact information
    251 State Hwy 49 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
    251 State Hwy 49 Concord, NC 28025
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