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Property profile & analytics
OFF-MARKET
Drug stores

3645 Concord Pkwy Concord, NC 28027

10,908 SF 0.95 ac lot
Entity Owned
Property ID
US53-5254373
Property summary
AI-generated overview

This exceptional retail property presents a unique investment opportunity in Concord, North Carolina. The former Walgreens location boasts 10,908 square feet of vacant space, situated on a 0.95-acre lot at a highly visible corner location. Priced at $1,850,000 ($169.60/sq ft), this property offers significant potential for redevelopment or repurposing. Its strategic location along a major north-south thoroughfare with 12,000 vehicles passing daily ensures high visibility and accessibility. The site benefits from a signalized intersection, maximizing exposure to a substantial customer base. Furthermore, the property enjoys proximity to numerous established businesses, including Walmart, Zaxby's, 7-Eleven, Food Lion, and Murphy Express, creating a strong retail synergy. With a population of 107,253 people residing within a five-mile radius, this location offers a substantial and readily accessible market. The property's size and location make it ideal for a variety of retail uses, presenting a compelling opportunity for investors seeking a high-traffic, well-positioned asset in a thriving community. The vacant status allows for immediate customization and tenant improvements to suit a new business's specific needs. This is a rare chance to acquire a prime retail space in a desirable location with significant growth potential. The property is located at 3645 Concord Pkwy S, Concord, NC 28027.

Property profile
Verified
Property type Drug stores
Total area 10,908 SF
Lot 0.95 ac (41,382 SF)
UPID US53-5254373
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
Current use
Occupant on record · Public records
  • higi Physician
  • Angela K. CAWA, RPh Pharmacy
  • Deiaa El Deen Gad Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Autozone Development LLC
Autozone Development LLC
since 2025
3 recorded transactions
2025
$1.7M
2024
$500,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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