520 Central Drive NW Concord, NC $ 1,000,000
520 Central Drive NW
$ 1,000,000
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520 Central Drive NW

Concord, NC, 28027
$ 1,000,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,907

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Lots and Land for sale in Concord, NC

for $1,000,000. The lot size is 1.64.

Recently inherited home sitting on approximately 1.64 acres. Currently zoned RC which allows up to 15 units per acre (per phone conversations with City of Concord). Property is being marketed as a development opportunity, either a multi family development or as single family lots. All development plans are subject to City of Concord approval, and any multifamily or single family lot permission needs to be approved through City of Concord. Currently the City of Concord is experiencing limited sewer capacity and any future development will need to go through the sewer allocation process before site approval. Property has an existing house sold as/is and is considered a tear down. Seller has answered to the best of their knowledge the Residential Property Disclosure, however their knowledge of the home details are limited since the original owner has passed.

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Lots and Land Active

Price

$ 1,000,000

Property Type

Lots and Land

Taxes

$ 0

Style

Lot

Lot Size

1.64

Town/City

Concord

County/Region

Cabarrus

MLS | Web ID

4214134

Features
General
Sewer Public Sewer
Zoning RC
Property Subtype Lot
Parcel Number 5620-19-1983-0000
County Cabarrus
Property Type Land
HOA N
Possible Use Development Multi-Family Residential
High School Unspecified
City Concord
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Lease Considered Y/N N
Standard Status Active
Restrictions Other - See Remarks
Tax Assessed Value 219300
Listing Terms Cash Conventional
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Exterior
Lot Features Corner Lot
Water Source City
Lot Size Area 1.64
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Fathom Realty Nc Llc

Broker

Affordability Calculator

$6,907
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2025$1,000,000 Listed Price

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520 Central Drive NW, Concord, NC, 28027 is a Lots and Land for sale at $1,000,000 with a lot size of 1.64. 520 Central Drive NW has 0.0 baths. The property's zip code is 28027 which is in Concord, NC