Concord · Concord, NC
2851 Davidson Highway
Concord, NC · 1,144 sqft
$395,000
- 3Beds
- 1Baths
- 1,144SqFt
- 1963Year
- 1Days on market
About this home
Development opportunity located along one of Concord’s primary corridors with over 400 ft of road frontage! 28027 has an above trend growth for a suburban market and sustained demand for residential & mixed use. Currently zoned RM-2, this property presents strong potential for redevelopment subject to rezoning & sewer approval. Positioned on Davidson Highway with convenient access to major roadways, retail, and surrounding residential growth, the parcel offers flexibility for future development. Potential uses may include multi-family, townhomes or office pending rezoning and municipal approval. Ideal for investors, builders, or developers seeking to capitalize on continued growth in Cabarrus County. Existing structure conveys as-is at no value while pursuing entitlement or redevelopment plans. Property includes 2 parcels -PIN#56115633580000, PIN#56115632410000! Home located on property is not habitable, not accessible for showings!
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,144
- Lot
- —
- Year built
- 1963
- Type
- Single Family
- Days on market
- 1
- Heating
- None
- Cooling
- N/A
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,864/ month
- Principal & interest
- $2,446
- Property tax (~0.92%)
- $302
- Homeowners insurance
- $115
- HOA dues
- —
Down payment
$19,750 down · $375,250 financed
Income to qualify (28% rule)
~$122,759 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.