$25,000,000
For Sale

3560 US Highway 601 Highway S

Concord, NC 28025
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Updated CFO due 1/7/2025
±173-acre property is a premier development site just 4 miles from downtown Concord & less than 25 miles from Charlotte. Directly across from a Food Lion-anchored shopping center, the property offers excellent visibility & high traffic counts, as confirmed by NCDOT. Annexation into the City of Concord is required for access to water & sewer services. Adjacent site has been approved for mixed use (site plan upon request) Designated in the Future Land Use Plan for Mixed-Use Development, the site is ideal for commercial, single-family, & multifamily residential projects. Positioned along the two-lane Hwy 601 & just 1/4 mile from the four-lane Hwy 49, which connects Charlotte, Concord, and Raleigh, the property benefits from seamless access to major markets. Its proximity to key highways and established commercial centers enhances its potential for diverse and high-impact development. Developers, please see listing # 4159070 linked parcel.

  • Property Details
      • Sewer InformationPublic Sewer, Other - See Remarks
      • Utility SourceCity, Other - See Remarks
      • Property SubtypeUnimproved Commercial
      • Parcel Number5539-71-5227-0000
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • Original List Price$25,000,000
      • Property TypePurchase
      • CountyCabarrus
      • Cost25000000
      • MLS #4204690
      • MLS #4204690
      • ZoningLDR
      • Days on Market (Cumulative)17

Location

Chris Cunningham | COMPASSReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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