1550 NC Hwy 24

Highlights:

• Lot Size: 20-50 Acres

Description:

• Total Site Area: ±25.98 Acres
• Parcel ID: 55241598530000
• Price per Acre: ±$73,133 / Acre
• Zoning: C-24/27, NC 24/27 Commercial (Town of Midland)
• Site Condition: Raw, Wooded Land
• Topography: Majority Flat with Slightly Rolling Terrain
• Water: Currently Being Brought onto Site (Documentation Available)
• Sewer: Not on Site
• Traffic Count: ±21,000 VPD on NC Hwy 24/27 (TrafficMetrix)

• Available: Water Extension Documents & C-24/27 Table of Permitted Uses

Ideal Uses
• Retail: Shopping Center, Grocery, Restaurant w/ Drive-Thru, Convenience Store w/ Fuel, Drugstore
• Office: Medical & Dental, Professional & General Office, Financial Services, Government
• Hospitality & Healthcare: Hotel/Motel, Hospital, Assisted Living, Day Care
• Automotive: New & Used Vehicle, RV & Boat Sales, Tire Sales, Car Wash, Service & Repair
• Service Commercial: Contractor Offices w/ Fenced Storage, Equipment Rental, Landscape Services, Enclosed Warehouse, Self-Storage

• Recreation: Fitness Center, Indoor Sports & Recreation, Bowling, Skating Rink

1550 NC Hwy 24/27 offers a rare opportunity to acquire approximately ±25.98 acres of raw commercial land located off of NC Hwy 24/27 in Midland, Cabarrus County. NC Hwy 24/27 is the primary east-west corridor linking eastern Cabarrus County to I-485 and Charlotte, and it carries approximately 21,000 vehicles per day past the site (TrafficMetrix), delivering the visibility, access, and daily traffic that commercial, retail, and office users require.
The property is zoned C-24/27 (NC 24/27 Commercial) by the Town of Midland, one of the most expansive districts in the town’s Table of Uses. The zoning permits a broad range of commercial, retail, and office uses by right, including shopping centers, grocery, restaurants with drive-thru, medical and professional office, hotels, automotive sales and service, contractor offices with fenced outdoor storage, and enclosed warehousing.

The site is raw, wooded land with majority-flat topography and slightly rolling terrain in areas. Public water is currently being brought onto the site, and documentation of the water extension is available to qualified buyers. Sewer is not currently on site. At nearly 26 acres, the property offers the scale to accommodate a single large-format user, a phased master-planned development, or subdivision into multiple pad sites.

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Listing ID: 90a80caf-90e8-4291-9089-8f8b2253761f

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