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    FOR SALE
    Commercial real estate

    1315 China Grove Rd, China Grove, NC 28023

    8.99 ac lot
    Property ID
    US53-0993894
    1315 China Grove Rd, China Grove, NC 28023 For Sale
    $5,000,000
    1315 China Grove Rd, China Grove, NC 28023
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8.99 ac (391,604 SF)
    APN 147028; 147068
    UPID US53-0993894
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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