653 14Th St Kannapolis, NC 28083
- Commercial land
- 0.88 lot acres
Current Use by Public Records
- Commercial land
Property Details for 653 14Th St
- Year built
- 1983
- Lot size
- 0.88 lot acres
- Property type
- Commercial land
- APN
- 159 284
- APU
- 159284
Description
This exceptional 1.27-acre commercial land parcel presents a prime investment opportunity in Kannapolis, North Carolina. Located at the hard corner of East 14th Street and US Highway 29 (Cannon Boulevard), this property boasts significant visibility and accessibility due to its strategic location and a functioning traffic signal. Zoned C2, this lot offers flexibility for a variety of commercial and retail uses. The site benefits from approximately 300 feet of road frontage, providing ample space for development. According to the North Carolina Department of Transportation, this area experiences an average daily traffic volume of 17,000 vehicles, ensuring high exposure for any business established here. This is one of three available lots, allowing for potential expansion or the acquisition of adjacent parcels. The seller allows for rent bumps. The property is seller-owned and ready for immediate development. This prime location in Rowan County, on the Kannapolis side of Highway 29, offers a unique chance to capitalize on a high-traffic area with excellent visibility and potential for significant return on investment. The adjacent lots, totaling 1.65 and 0.38 acres respectively, are also available for purchase, presenting an opportunity to acquire a larger contiguous land holding.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kannapolis
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.6095
- Latitude
- 35.5119
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
