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Property profile & analytics
OFF-MARKET
Land

857 Union St Concord, NC 28025

0.72 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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