4788 State Hwy Concord, NC 28025
This exceptional Concord, NC property offers 9,000 square feet of warehouse space across two buildings situated on a 9-acre lot with 950 feet of frontage on NC Highway 49, directly across from Cabarrus Arena. The main building includes office space and a large warehouse boasting 20-foot ceilings, complemented by a second, approximately 3,000 square foot warehouse. The property features one loading dock and one dock-high door, and benefits from three-phase and single-phase power supplied by Duke Energy. Currently zoned O-I (Office/Institutional), it's used by a specialty chemical company, with documentation from Cabarrus County Planning & Zoning confirming its non-conforming use and the ability to continue this use. A Phase I Environmental Assessment is underway and will be provided upon completion. This high-visibility location offers exceptional access and visibility, making it ideal for various business needs. The asking price is $1,200,000 ($133.33/sq ft). Built in 1971, this property presents a unique opportunity for owner-users or investors seeking a versatile, high-traffic location. Annual average daily traffic counts (AADT) for nearby roads are also available.
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.
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Risks
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