Technical
Financial
Distress signals
Property profile

5010 Weddington Rd Concord, NC 28027

OFF-MARKET
Land
Property ID
US53-1711015
0.57 ac lot
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Property summary

AI-generated overview

This 0.57-acre commercial land parcel in Concord, NC, presents a unique investment opportunity. Located directly across from a Publix shopping center at the intersection of George Liles Parkway and Weddington Road, this property boasts exceptional visibility and accessibility. Currently zoned RV, the 2030 plan proposes a Mixed-Use Activity Center designation, opening possibilities for retail, office, or residential development. Its proximity to I-85 exit 54 (less than 2 miles) and Concord Mills (4.6 miles) ensures high traffic and growth potential. Adding to its appeal, the property includes a currently rented home, providing immediate income. This prime location, combined with the existing rental income and future development potential, makes this a compelling investment in a rapidly developing area of Concord. The property's APN is 5600-43-7860-0000. The asking price is $350,000.

Property profile

Verified
Property type Land
Lot 0.57 ac (24,829 SF)
UPID US53-1711015

Cap rate & NOI

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

Location

5010 Weddington Rd Concord, NC 28027
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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