1345 Sharon StKannapolis, NC 28083

This prime .53-acre commercial land parcel in Kannapolis, NC, presents a significant redevelopment opportunity. Located at the highly visible intersection of Dale Earnhardt Boulevard and South Cannon Boulevard (Hwy 29), this flag lot benefits from exceptional daily traffic counts of 19,000 and 23,500 vehicles, respectively. Currently zoned R8, preliminary discussions with the City of Kannapolis indicate potential for GC commercial zoning, ideal for uses such as grocery stores, convenience stores, or daycare centers. The property's strategic location near the NC Research Campus, the Cannon Ballers baseball stadium, and the new US Performance Center further enhances its appeal. While the property includes two existing residential dwellings, the sale assumes their demolition, although a buyer could choose to retain them subject to zoning regulations. This location offers unparalleled visibility and access to a substantial population exceeding 92,000 within a 5-mile radius, projected to grow to over 99,000 by 2028. The asking price is $849,900. APN: 56230186530000, 56230196590000. This is an exceptional chance to capitalize on a thriving market and establish a strong presence in Kannapolis.