256 Davidson Hwy Concord, NC 28027
This 4.73-acre vacant lot in Concord, NC (APN 5611-76-8272-0000), is zoned I-1 and located at 256 Davidson Highway, zip code 28027. Priced at $495,000, this property presents a prime development opportunity. Its strategic location between I-85 and Hwy 29 ensures high visibility and convenient access to major transportation routes. Complete documentation for a mini-storage facility is available, making this a shovel-ready project ideal for developers seeking to capitalize on the robust growth of the local commercial real estate market. The area's surge in demand for industrial and warehouse space, driven by e-commerce and a growing population, makes this a particularly attractive investment. Surrounded by new housing developments and apartment complexes, this property offers strong potential for long-term appreciation. The versatile I-1 zoning allows for a multitude of commercial uses, providing flexibility for various development plans. This location is perfect for developers, investors seeking strong growth potential, and storage operators looking to expand or establish new facilities. The property's proximity to a thriving community and major thoroughfares makes it an exceptional opportunity for a successful commercial venture.
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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
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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.