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    2306 Cannon Blvd Kannapolis, NC 28083

    For Sale
    $450,000

    Prime C-2 zoned lot, 1665 sq ft, high traffic area.

    Property size:
    1,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 2306 S. Cannon Blvd in Kannapolis, NC (zip code 28083), presents a unique investment opportunity. The property boasts a total of 1,665 square feet across two stories, situated on a 0.48-acre corner lot with approximately 100 feet of road frontage. Its strategic location at the busy intersection of S. Cannon Blvd./Hwy 29 and Michigan St ensures high visibility and accessibility. The property is zoned C-2, accommodating a wide array of commercial uses, including retail, office, and service establishments. The existing structure is a two-story building with an unfinished basement, offering potential for complete redevelopment or renovation to suit a variety of commercial needs, subject to Kannapolis city approval. The property's tax parcel ID is 5622-07-7043-0000. This prime location and flexible zoning make this an ideal investment for entrepreneurs and developers seeking a high-traffic, high-visibility location in a growing area. The asking price for this exceptional property is $450,000.

    Property Features for 2306 Cannon Blvd

    General Information

    Property type
    Land
    Square Feet
    1,665 SF
    Lot Size
    20,909 SF

    Building Details

    Stories
    2

    HighLights

    • Tax Parcel ID: 5622‑07‑7043‑0000
    • C‑2 Zoning
    • 1,665 SF, two‑story building with unfinished basement, located at the intersection of S. Cannon Blvd./Hwy 29 and Michigan St. in Kannapolis, NC
    • Corner lot with approximately 100 feet of road frontage
    • Suitable for retail, office, and service uses
    • Redevelopment or renovation possible, subject to Kannapolis city approval.
    Property Profile Insight Report 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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6095979
    Latitude
    35.4622912

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    FAQs

    What type of property is this?
    Land - Prime C-2 zoned lot, 1665 sq ft, high traffic area.
    Where is this land located?
    The property is located at 2306 Cannon Blvd Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Tax Parcel ID: 5622-07-7043-0000; C-2 Zoning; 1,665 SF, two-story building with unfinished basement, located at the intersection of S. Cannon Blvd./Hwy 29 and Michigan St. in Kannapolis, NC
    Request Owner's contact information
    2306 Cannon Blvd Kannapolis, NC 28083
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    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
    2306 Cannon Blvd Kannapolis, NC 28083
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