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Property profile & analytics
OFF-MARKET
Retail space

88 Pitts School Rd Concord, NC 28027

2,317 SF 0.5 ac lot
Property ID
US53-2152789
Property summary
AI-generated overview

This exceptional Concord, North Carolina property presents a unique investment or owner-user opportunity. Located at 88 Pitts School Rd NW, this 0.5-acre lot boasts two separate buildings totaling approximately 2,317 square feet of net rentable space. The property is zoned I-1, offering flexibility for various uses. One building is a single-family home featuring two bedrooms and two bathrooms, while the second building is a fully-equipped salon with an attached living area, ideal for live-work applications or rental income. Both buildings are currently vacant, providing the new owner with complete flexibility in tenant selection or immediate occupancy. The property enjoys a prime roadside location in a desirable neighborhood with excellent visibility and ample parking, ensuring high traffic and exposure. This is an exceptional opportunity to acquire a versatile property with significant potential for growth and return on investment. The asking price is $475,000.

Property profile
Verified
Property type Retail space
Total area 2,317 SF
Lot 0.5 ac (21,780 SF)
UPID US53-2152789
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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