1200 Hwy 24th 27th E, Midland, NC 28107-6422
This exceptional 6.8-acre commercial land parcel presents a unique investment opportunity in the thriving Midland area of Cabarrus County, North Carolina. Located at 1200 Hwy 24/27, this property boasts a highly desirable LC-SU (Limited Commercial-Special Uses) zoning designation. This zoning allows for a variety of commercial uses while ensuring compatibility with nearby residential areas, providing both convenience and protection. The property's strategic location offers excellent visibility and accessibility from Hwy 24/27, a major thoroughfare. Midland's position within the Charlotte MSA (Metropolitan Statistical Area) provides easy access to a large and diverse population base, with Uptown Charlotte a convenient 35-minute drive away. The parcel's size offers significant development potential for a range of commercial ventures. The APN is 55346819090000. This is a rare chance to acquire a well-situated commercial land tract in a rapidly growing area, offering substantial long-term growth prospects. The asking price for this exceptional property is $1,000,000. Don't miss this opportunity to secure a prime piece of commercial real estate in the heart of Cabarrus County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC-SU · Midland, NCMidland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.