Current Use by Public Records
- Land
Property Details for 601 & NC-49 Hwy
- Lot size
- 16.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.583
- Latitude
- 35.3651
