857 Union St Concord, NC 28025
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.