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Property profile & analytics
OFF-MARKET
Land

3220 Us-601 Concord, NC 28025

3.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.63-acre commercial land parcel presents a unique investment opportunity in Concord, North Carolina. Located at 3220 US-601, this property boasts a highly desirable C-2 commercial zoning designation, allowing for a multitude of development possibilities. The site benefits from excellent visibility and accessibility, with frontage on both US Highway 601 South and Highway 49 South. This strategic location places the property within a thriving retail corridor, surrounded by established businesses including Food Lion, McDonald's, Bojangles, AutoZone, Waffle House, and CVS, ensuring high traffic volume and strong consumer presence. The area is also characterized by substantial residential development, with numerous large single-family home subdivisions nearby, providing a robust customer base. The surrounding demographics are equally compelling, with a 3-mile radius boasting an average household income exceeding $81,000 and a population exceeding 33,500. Concord's status as the county seat of Cabarrus County further enhances the property's appeal. Its proximity to downtown Concord (4 miles) and Uptown Charlotte (22 miles) provides easy access to a larger metropolitan area and its amenities. This prime location, combined with the flexible C-2 zoning and substantial surrounding population, makes this 3.63-acre site an ideal platform for a variety of commercial ventures. The asking price is $995,000. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 3.63 ac (158,123 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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