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520 Central Drive NWConcord, NC 28027Price: $1,000,000

  • Price: $1,000,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,000,000List Price
  • 1.64Acreage
  • CAR4214134MLS Number
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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Listed by Grainger Gilbert of Fathom Realty NC LLC (graingergilbertrealty@gmail.com)

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