3.63 Acre Charlotte MSA Development Site | 38K VPD

Highlights:

• ±3.63 Acre Commercial Development Site in Concord, NC (Charlotte MSA)
• 8.2% Population Growth from 2020-2024 and 12% Future Growth Anticipated (3-Mile Radius)
• Attractive Demographics with ±37,127 Individuals and Annual Household Income of ±$86,566 (3-Mile)
• Highway Visibility on US Hwy 601 S with 18,500 Vehicles per Day and Highway 49 S with 20K+
• Infill Growth Node Surrounded by Established Subdivisions ($250K-$400K Price Points), Central Cabarrus High School, and Municipal/Industrial Employers
• Favorable C-2, General Commercial Zoning with Permitted Uses including Retail, Restaurant, Mixed-Use Dwelling, Medical, Office, Dry Cleaning, and more

Description:

Ri Marketplace Online Auction October 27th-29th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2784/3.63-acre-charlotte-msa-development-site-38k-vpd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=land_2784

Marcus & Millichap is pleased to present a ±3.63-acre commercial development site located at 3220 US Highway 601 S (the “Property”) in Concord, North Carolina. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±3.63-acre parcel situated adjacent to the highway interchange with traffic counts of ±18,500 vehicles per day on US Highway 601 S and 20,000 VPD on Highway 49 S. The Property enjoys visibility along the US-601/NC-49 corridors with dedicated access off Zion Church Road East. The Property benefits from favorable C-2, General Commercial District zoning that allows for a wide variety of uses including retail, restaurant, mixed-use dwelling, medical, office, dry cleaning, and others. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

The city of Concord is the county seat and largest city in Cabarrus County. As of the 2020 census, the city had a population of 105,000+ making Concord the second-most populous city in the Charlotte metropolitan area and is the 10th most populous city in the state. The city of Concord is approximately 26 miles from Uptown Charlotte and 30 miles from the Charlotte Douglas Internation Airport. Major interstates in Concord include Interstate 85, Intestate 77, Interstate 40, and Interstate 485. Concord has a diverse economy comprising shipping and transportation, banking, manufacturing, motorsports, and various service sectors. The two primary economic driving forces of the city are Concord Mills, North Carolina’s largest outlet and retail shopping center, and the Charlotte Motor Speedway. Major employers in the area include Atrium Health, Amazon, Hendrick Motorsports, Shoe Show, and Speedway Motorsports. The Property benefits from strong demographics with a population of 37,127 residents and an average household income of $86,566 within a 3-mile radius. The population has experienced 8.2% growth from 2020-2024 with 12.16% growth expected to continue through 2029.


Jerry E. King
King Auction & Realty Co., Inc.
License: 1010
NC Broker’s license: 22778
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

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