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Property profile & analytics
OFF-MARKET
Commercial real estate

1918 Main St Kannapolis, NC 28081

8 ac lot
Property ID
US53-1379867
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 8 ac (348,480 SF)
APN 5612-68-3444-0000
UPID US53-1379867
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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