Technical
Financial
Distress signals
Property profile

857 Union St Concord, NC 28025

OFF-MARKET
Land
0.72 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.72-acre commercial land parcel presents a prime investment opportunity in Concord, North Carolina. Located on South Union Street, this property boasts exceptional visibility directly across from a thriving Food Lion-anchored shopping center. The C-2 zoning permits a wide range of commercial developments, including quick-service restaurants with drive-thrus. Benefit from the high traffic volume, with South Union Street seeing approximately 8,100 vehicles daily, and the nearby intersection of Highways 601 and 49 boasting 27,000 vehicles daily. The property's strategic location offers easy access to major thoroughfares and significant local attractions, including the Cabarrus Arena & Events Center (under 4 miles) and Atrium Cabarrus Hospital (approximately 5 miles), ensuring consistent customer flow. This location provides unparalleled exposure and accessibility for any commercial venture. The property's size and zoning make it ideal for a variety of uses, from retail establishments to office spaces or service centers. To further enhance its appeal, the seller is open to considering owner financing or a land lease for qualified buyers, providing flexible acquisition options. This is a rare opportunity to establish a business in a high-traffic, high-visibility location within a rapidly growing community. The APN is 5539-59-2849-0000. Don't miss this chance to capitalize on Concord's thriving commercial market.

Property profile

Verified
Property type Land
Lot 0.72 ac (31,363 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

857 Union St Concord, NC 28025
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 857 Union St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message