550 Penny Lane NE Concord, NC $ 525,000
550 Penny Lane NE
$ 525,000
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550 Penny Lane NE

Concord, NC, 28025
$ 525,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,626

550 Penny Lane NE, Concord, NC 28025 - Image 1
550 Penny Lane NE, Concord, NC 28025 - Image 2
550 Penny Lane NE, Concord, NC 28025 - Image 3
550 Penny Lane NE, Concord, NC 28025 - Image 4
550 Penny Lane NE, Concord, NC 28025 - Image 5
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550 Penny Lane NE, Concord, NC 28025 - Image 9

Lots and Land for sale in Concord, NC

for $525,000. The lot size is 2.55.

Situated on Penny Lane in Concord, NC, this C-2 zoned commercial land tract presents an attractive development opportunity in a growing commercial corridor. The property is in close proximity to medical offices, Atrium Health Cabarrus, Carolina Place Mall, and I-85, enhancing accessibility throughout the region. The C-2 Commercial zoning permits a wide range of retail, office, medical, and service uses. The wooded site features rolling topography and is surrounded by a mix of commercial, medical, retail, and residential development.

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Lots and Land Contingent

Price

$ 525,000

Property Type

Lots and Land

Taxes

$ 0

Style

Acreage

Lot Size

2.55

Town/City

Concord

County/Region

Cabarrus

MLS | Web ID

4329995

Features
General
Sewer Public Sewer
Property Subtype Acreage
Parcel Number 5622-51-3554-0000
County Cabarrus
Property Type Land
HOA N
Possible Use Commercial
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
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active Under Contract
Restrictions N/A
Tax Assessed Value 734210
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Exterior
Water Source City
Lot Size Area 2.55
Road Surface Type Concrete
Road Responsibility Publicly Maintained Road
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Interior
Below Grade Finished Area 0
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Internal Only
Street Number 1 550
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* Excluded Features
List By
New Branch Real Estate Advisor

Broker

Affordability Calculator

$3,626
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,626
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
12/16/2025$525,000 Listed Price

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550 Penny Lane NE, Concord, NC, 28025 is a Lots and Land for sale at $525,000 with a lot size of 2.55. 550 Penny Lane NE has 0.0 baths. The property's zip code is 28025 which is in Concord, NC