1356 Rainbow Drive Kannapolis, NC $ 1,499,999
1356 Rainbow Drive
$ 1,499,999
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1356 Rainbow Drive

Kannapolis, NC, 28081
$ 1,499,999
Bedrooms-- Baths--

Monthly Estimate*

$ 10,360

1356 Rainbow Drive, Kannapolis, NC 28081 - Image 1
1356 Rainbow Drive, Kannapolis, NC 28081 - Image 2
1356 Rainbow Drive, Kannapolis, NC 28081 - Image 3

Commercial Property for sale in Kannapolis, NC

for $1,499,999. This building was built in 1949 on a lot size of 1.814.

Developers Dream. 4 properties being sold in 1 portfolio, so HLA and tax info. does not reflect accurate values. Although there are homes on each property that adds tons of value, the properties are bing sold with homes being included at no value, because the real value is in the zoning.. 2 side by side Properties on Rainbow Drive in Kannapolis are Zoned R18. 1 property on Birch St. is zoned R8. 1 home on Westover Ave is just a single family home being thrown into the mix as an added bonus. SELLER IS NOT INTERESTED IN SELLING ANY PROPERTIES INDIVIDUALLY. properties includes in Cabarrus County are 1356 Rainbow Dr. Kannapolis, 1352 Rainbow Dr. Kannapolis, these are zoned R18. & 1201 Birch St. Kannapolis is zoned R8 and in Rowan County is 107 Westover Ave. Kannapolis. All homes are occupied and sold at no value so there are no lockboxes and you can not schedule an appointmrnt to see the homes. Seller is looking for a developer that is interested in removing the homes and developing the land.

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Commercial Active

Price

$ 1,499,999

Property Type

Commercial

Taxes

$ 0

Style

None

Lot Size

1.814

Year Built

1949

Town/City

Kannapolis

County/Region

Cabarrus

MLS | Web ID

4408325

Features
Interior
Basement Unfinished
Basement (Y/N) Y
Below Grade Finished Area 0
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Exterior
Inclusions Building Land
Lot Size Area 1.814
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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General
Year Built 1949
Property Subtype None
Parcel Number 5613-08-5550-0000
Additional Parcels Description 1352 Rainbow Dr Kannapolis 1201 Birch St Kannapolis 107 westover Ave. Kannapolis
County Cabarrus
New Construction N
Property Type Commercial Sale
HOA N
City Kannapolis
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 247140
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Internal Only
Street Number 1 1356
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* Excluded Features
List By
Premier Real Estate Team Inc.

Broker

Affordability Calculator

$10,360
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,360
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
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$1,499,999 Listed Price

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1356 Rainbow Drive, Kannapolis, NC, 28081 is a Commercial Property for sale at $1,499,999 with a lot size of 1.814. 1356 Rainbow Drive was built in 1949. The property's zip code is 28081 which is in Kannapolis, NC