This exceptional 1.26-acre commercial land parcel presents a remarkable development opportunity in Concord, North Carolina. Situated on Bruton Smith Blvd, the property boasts a highly desirable C2-Commercial zoning designation, offering flexibility for a wide range of commercial uses. With a total area of 54,886 square feet, the lot provides ample space for a substantial project. Its strategic location within the Charlotte MSA ensures high visibility and accessibility, benefiting from a daily traffic count exceeding 40,000 vehicles. The property's address is 7711 Gateway Ln NW, Concord, NC 28027, and its APN is 4599-02-8344-000. The proximity to major attractions like the Charlotte Motor Speedway and Concord Mills Mall further enhances its appeal, guaranteeing a robust customer base. This prime location offers unparalleled potential for developers seeking to capitalize on a thriving commercial market. The property's size and zoning make it ideal for a variety of commercial ventures, promising significant returns on investment. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly growing area. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$15,145,198
Hospitality
$13,872,920
Educational
$11,542,107
Medical
$11,939,057
Retail
$17,954,388
Location Insight
City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.3657
Longitude
-80.7079
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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