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Property profile & analytics
OFF-MARKET
Commercial land

1345 Sharon St Kannapolis, NC 28083

Property ID
US53-2165825
Property summary
AI-generated overview

Owners are open to subdividing the property. • Introducing a Prime Redevelopment Opportunity in Kannapolis, NC. • 1345 & 1393 Sharon St., Kannapolis, NC 28083 This .53 +/- acre property boasts high visibility and is strategically located on a flag lot at the intersection of Dale Earnhardt Blvd. and South Cannon Blvd. With the potential for GC commercial zoning and currently zoned R8, this property provides endless possibilities for retail, office, and medical use. Situated along the highly trafficked Dale Earnhardt Blvd with 19,000 cars passing by daily, and visible from South Cannon Blvd (Hwy 29), with a daily traffic count of 23,500 cars, this location ensures maximum exposure for any business. In addition to its prime location, this property offers a strong demographic profile. Within a 5-mile radius, the population exceeds 92,000, with a projected growth to over 99,000 by 2028. Don't miss this incredible opportunity to establish your presence in this thriving market. Contact Steven Tice, CCIM, at (704) 794-2294 today to learn more about 1345 & 1393 Sharon St. While we are selling the two parcels with the assumption that both residential dwellings will be demolished, the buyer will have the option of keeping one or both dwellings and having the potential to utilize them as they see fit and as zoning allows.

Property profile
Verified
Property type Commercial land
UPID US53-2165825
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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