For Sale
$929,500

1022 Central DrConcord, NC 28027

10.29 Acres, Prime Residential Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 10.29-acre parcel in Concord, North Carolina, presents a prime residential development opportunity. Located at 1022 Central Dr NW, Cabarrus County, zip code 28027 (35.43385804401059, -80.6157310581329), this strategically located land boasts dual access points and flexible zoning (RC and I-1), allowing for a variety of residential projects. The asking price is $929,500, with a projected cap rate of 6.00%. The property is currently vacant and available for a net lease. The expansive acreage provides ample space for a vibrant community of residential compact housing, including duplexes, townhomes, and other similar developments. This is an ideal opportunity for developers seeking to capitalize on the thriving connectivity of this desirable location. The lot size ranges from 1.74 to 10.29 acres, offering flexibility in project scope. This property is zoned for commercial and industrial uses, providing additional development options. Don't miss this chance to create a thriving residential community in a high-demand area. Serious inquiries only.

Highlights

  • Prime location with high visibility.
  • Large 10+ acre site, ideal for development.
  • Convenient dual street access for efficient operations.
  • Versatile zoning allows for multiple uses.

Property Details for 1022 Central Dr

Property type
Land, Industrial properties
Lot Size (sq. ft)
75,794 SF

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.433858044011
Longitude
-80.615731058133
1022 Central Dr, Concord, North Carolina

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1022 Central Dr
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