1918 Main St Kannapolis, NC 28081
This exceptional 8-acre property located at 1918 S Main St, Kannapolis, NC 28081 (APN: 5612-68-3444-0000), presents a remarkable investment opportunity. Currently zoned residential, this land offers significant potential for multi-family or commercial development. Its strategic location boasts high visibility, with approximately 11,000 vehicles passing daily, ensuring strong exposure for any future development. The property's proximity to major thoroughfares, including I-85, and key retail destinations such as the Carolina Mall (3.7 miles), Walmart (1.7 miles), and Home Depot (3.8 miles), further enhances its appeal. This high-traffic location, coupled with the substantial acreage, makes this a rare find for developers seeking a prime location in a thriving area near the Concord border. The asking price for this exceptional parcel is $2,200,000. This is a chance to capitalize on a high-demand location with significant growth potential.
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.