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Property profile & analytics
OFF-MARKET
Land

601 & NC-49 Hwy Concord, NC 28025

16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16-acre commercial land parcel presents a unique investment opportunity in Concord, NC. Strategically located at the intersection of Highway 601 and NC-49, this property boasts over 27,000 vehicles per day passing by. The C-2 commercial zoning allows for a broad range of uses, including quick-service restaurants, self-storage facilities, hotels, and multi-family residential developments. Situated in an affluent area with an average household income exceeding $104,000 within a 3-mile radius, this site benefits from a strong and growing consumer base. Concord itself is experiencing rapid growth, exceeding 1.58% annually, making this a highly desirable location for businesses and investors alike. The property's proximity to Charlotte (just 30 minutes away) further enhances its appeal, providing access to a larger metropolitan market. This is an ideal opportunity for developers seeking to capitalize on the robust growth and high traffic volume in this thriving North Carolina community. The asking price is $1,300,000. The property is zoned for commercial, industrial, and residential uses.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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