0 Cold Springs Rd Concord, NC 28025
This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Concord, North Carolina. Strategically located on the corner of Highway 49 and Cold Springs Road, this property enjoys unparalleled visibility and accessibility, situated directly adjacent to the Cabarrus County Arena and Events Center. The site's location offers significant potential for a variety of commercial developments, aligning perfectly with the Concord 2030 Land Use Plan's vision for mixed-use centers, similar to successful projects like Baxter Village and Birkdale Village. The property's 2-acre size provides ample space for a substantial development, while its high-traffic location ensures maximum exposure and accessibility for potential businesses. The asking price is $600,000. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing area with strong potential for significant return on investment. Note that adjacent parcels of 5.026 acres (on Hwy 49) and 4.957 acres (on Cold Springs Rd) are also available for purchase, presenting the possibility of acquiring a larger contiguous development site. The property's APN is 5650 40 5132 0000. This property is zoned for commercial use and is located in Concord, NC, zip code 28025.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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