3550 Us Hwy 601 Hwy, Concord, NC 28025
This exceptional 3,025 square foot commercial property, situated on a 0.57-acre lot at 3550 US Hwy 601 in Concord, NC, presents a unique investment opportunity. Its C2 zoning ensures high visibility and accessibility, boasting a prime location near the heavily trafficked intersection of Highways 601 and 49, directly across from the Food Lion Shopping Center. The existing structure, currently configured as a residential home, offers a flexible layout easily adaptable for various commercial uses. The interior can be readily divided into two distinct work areas, each conveniently sharing a common bathroom and kitchen. Dual entrances enhance functionality and customer flow. The property's adaptability makes it ideal for a multi-service salon, or it can be renovated to suit a wide range of other commercial ventures. Adding to its versatility is a detached two-bay garage, offering ample storage or workspace. The garage's upstairs space presents further potential for development as an apartment, office, or additional storage. Alternatively, the property offers the option for complete demolition and new construction, allowing for a completely customized commercial development. This property is situated in a rapidly expanding area of Concord, making it an attractive prospect for developers and entrepreneurs alike. For additional information regarding a linked parcel, please refer to listing # 4201836. This is a rare chance to acquire a highly visible and adaptable commercial property in a thriving Concord location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.