122 Cabarrus Ave Concord, NC 28025
Property profile & analytics
122 Cabarrus Ave Concord, NC 28025
- Specialty properties
- 1,781 SF
- 1.12 lot acres
Property ID
US53-1725397
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Specialty properties
Property Details for 122 Cabarrus Ave
- Year built
- 1920
- Lot size
- 1.12 lot acres
- Property size
- 1,781 SF
- Zone code
- CC
- Property type
- Specialty properties
- APN
- 5630 09 1020
- APU
- 5630091020
Description
This exceptional 1.19-acre commercial property in Concord, NC, presents a unique redevelopment opportunity. Located at 122 Cabarrus Avenue E, the site boasts a prime downtown location with excellent walkability and access to major transportation arteries including Highway 3, Interstate 85, Highway 29, and Highway 49. Currently featuring a 1384 square foot building (formerly a funeral home) and a parking lot, the property is zoned City Center, allowing for mixed-use and high-density development. This vibrant area is experiencing significant revitalization, with over $200 million in recent public and private investments. The high-growth potential is further enhanced by the property's eligibility for mixed-use zoning. The existing building is sold "as is." Prospective buyers should be aware that the City of Concord operates under sewer allocation guidelines, and an application may be required. It is the buyer's responsibility to verify all zoning regulations and obtain any necessary permits. This presents a compelling investment opportunity for developers seeking to capitalize on Concord's burgeoning downtown scene and create a thriving commercial or multi-family project. The asking price is $550,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.5771
- Latitude
- 35.4132
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,747
$408,860
$168,180
$577,040
-
$408,860
$168,180
$577,040
