Property profile

311 Main St Kannapolis, NC 28081

OFF-MARKET
Commercial real estate
Property ID
US53-5259695
0.32 ac lot Built 1921
Individually Owned
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Property summary

AI-generated overview

This exceptional 0.32-acre commercial lot presents a unique investment opportunity in the thriving city of Kannapolis, North Carolina. Located at 311 S Main Street, this property offers significant potential for a variety of commercial ventures. The site's convenient location provides easy access to major roadways, ensuring high visibility and accessibility for potential businesses. The property is currently vacant, allowing for complete design flexibility and customization to suit specific business needs. Buyers can envision a new construction project tailored to their exact specifications, taking advantage of the prime location and ample space. The absence of existing structures eliminates demolition costs and streamlines the development process. This presents a blank canvas for entrepreneurs and investors seeking to establish a strong presence in a growing market. The property is readily accessible, with a lockbox on the front door for convenient showings. This is an exceptional chance to acquire a strategically positioned commercial lot in a dynamic and expanding area. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is $350,000. Don't miss this chance to secure a prime piece of Kannapolis real estate.

Property profile

Verified
Property type Commercial real estate
Year built 1921
Lot 0.32 ac (13,939 SF)
UPID US53-5259695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Factory
  • Clothing & Fashion Store

Location

311 Main St Kannapolis, NC 28081
Kannapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$275,000
1 recorded transaction
2025
$275,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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