316 Jackson Park Rd Kannapolis, NC 28083-3546
This exceptional Kannapolis investment opportunity encompasses three parcels totaling 0.62 acres, all zoned GC. The property features a 2,060 square foot retail/office building situated on a 0.21-acre lot. While the building requires some work, recent improvements include a new roof, new siding, floor repairs, and insulation throughout most of the structure. Adding to the potential, two additional vacant lots, measuring 0.25 acres and 0.16 acres respectively, are included in this sale. A secondary structure on the 0.21-acre lot consists of a 20' x 15' x 16' metal building, complete with a fully insulated factory roof, multiple windows, and roll-up doors. This versatile property presents a unique chance to acquire a mixed-use investment in a desirable Kannapolis location. The seller is open to considering the sale of the parcels individually, offering flexibility for potential buyers. The property is located at 316 Jackson Park Rd, Kannapolis, NC 28083. This is a rare opportunity to acquire a substantial property with significant upside potential in a growing area. The combination of existing structures and vacant land allows for diverse development options, making this an attractive investment for both seasoned investors and those seeking a value-add opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Kannapolis, NCKannapolis. Always verify with local authorities before improvements.
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.