1315 China Grove Rd, China Grove, NC 28023
For Sale
This exceptional 8.99-acre commercial land parcel presents a significant development opportunity in the thriving Kannapolis, North Carolina area. Strategically located off I-85 Exit 65 (Old Beatty Ford Road), this high-visibility property boasts excellent accessibility and exposure to a substantial daily traffic volume. Currently zoned RA, the land requires rezoning to accommodate intended commercial development plans. The property is conveniently annexed into the City of Kannapolis, simplifying the development process and offering access to municipal services and infrastructure. Comprising two parcels (APN 147028 and 147068), this expansive site offers considerable flexibility for a variety of commercial ventures. Its prime location near a major interstate exit makes it ideal for businesses seeking high visibility and convenient access for customers and employees. The asking price is $6,740,000. Interested parties are advised to schedule an appointment before entering the property. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prominent location for your next commercial project.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.