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    Pitts School Rd Concord, NC 28027

    • Commercial real estate
    • 8.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Pitts School Rd

    Lot size
    8.60 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 8.6-acre commercial land parcel presents a unique development opportunity in a prime Concord, NC location. Situated off Pitts School Road, the property enjoys convenient access to both Interstate 85 and Highway 29, ensuring excellent visibility and accessibility for a wide range of potential uses. Currently zoned Office-Institutional, the property offers considerable flexibility for developers. Permitted uses under the current zoning include office and professional spaces, group care facilities, nursery daycare centers, educational facilities, and charitable institutions. This zoning designation opens doors to a diverse range of development projects, catering to various community needs and market demands. The expansive acreage provides ample space for substantial construction, allowing for significant build-out potential. The strategic location, combined with the flexible zoning and generous land area, makes this property an attractive investment for those seeking a high-impact development project in a thriving Concord market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $675,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6655
    Latitude
    35.3701

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    Pitts School Rd
    Concord, NC 28027
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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
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