2061 Mulberry Rd Concord, NC 28025
This exceptional 132.792-acre industrial land parcel in Concord, NC, presents a significant investment opportunity. Located at 2061 Mulberry Rd, Cabarrus County, this property boasts O-I zoning, offering flexibility for various industrial uses, with the Town of Harrisburg showing support for such development. Conveniently situated near major highways (I-485, I-49, I-85) and within reasonable proximity to Charlotte, this location offers unparalleled access to transportation networks and a robust workforce. Public water and sewer infrastructure, including a substantial 54" WSACC interceptor sewer line, is readily available nearby. The potential for expansion is further enhanced by the option to acquire an additional 72+ acres of adjacent land, although potential buyers should consider the floodplain impact on this adjacent acreage. APN: 55179854430000. The asking price for this prime industrial land is $6,000,000. This property represents an excellent opportunity for developers and end-users seeking a strategically located site for industrial development in a thriving area. The zip code is 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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.