430 Kannapolis Pkwy Concord, NC 28027
- Commercial real estate
- 1.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 430 Kannapolis Pkwy
- Year built
- 1701
- Lot size
- 1.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.02-acre commercial land parcel presents a unique investment opportunity in Concord, NC. Strategically located at the hard corner of Kannapolis Parkway and I-85, Exit 54, this property boasts unparalleled visibility and accessibility. Directly across from the Afton Ridge shopping center, anchored by Target, ensures high traffic volume and strong consumer presence. The site offers 200 feet of frontage on Kannapolis Parkway, a major thoroughfare with a remarkable 2022 NCDOT traffic count of 38,500 vehicles daily. While currently zoned residential, the property is completely surrounded by existing commercial developments, reflecting the area's natural progression towards commercial use. Furthermore, the city's long-range plan and the 2015 small area plan both designate this land for commercial development, making it an ideal candidate for a variety of uses. This prime location, coupled with its high traffic count and future commercial zoning, presents a compelling opportunity for investors seeking significant return on investment in a rapidly growing area. The property's size and prominent location make it suitable for a wide range of commercial ventures, capitalizing on the substantial daily traffic flow and proximity to established retail. This is a rare chance to acquire a highly visible and strategically positioned parcel in a thriving commercial corridor.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.67405
- Latitude
- 35.42039