88 Pitts School Rd Concord, NC 28027
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.