Technical
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Property profile

0 Lower Rocky River Rd Concord, NC 28025

OFF-MARKET
Land
99 ac lot
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Property summary

AI-generated overview

This exceptional 99-acre commercial land parcel is situated on Lower Rocky River Road in Concord, North Carolina, offering significant development potential. The property boasts 2,302 feet of attractive road frontage, allowing for multiple access points. Its Countryside Residential zoning presents opportunities for various commercial uses. Conveniently located just 4 miles from I-485, this site enjoys easy access to major transportation arteries. Nearby amenities include the Harrisburg community (5 miles south) with its established developments and local conveniences, as well as Concord Mills (13 miles) and employment centers in the University area (7 miles), Charlotte (12 miles), and Ballantyne (20 miles). Utilities are underground, with sewer lines located near the property at Caldwell Creek and water lines in close proximity. The property's APN is 5525076170, and its GPS coordinates are approximately 35.269, -80.603. Cross streets include Montreaux Road. This expansive tract presents a rare opportunity for investors and developers seeking a strategically located site in a thriving area. The potential for approximately 0.5 lots per acre further enhances its development prospects.

Property profile

Verified
Property type Land
Lot 99 ac (4,312,440 SF)

Cap rate & NOI

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

Location

Lower Rocky River Rd Concord, NC 28025
Concord metro
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Value estimations

Realmo proprietary · 4 methods
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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
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