For Sale $395,000
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!
| List Price: | $395,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1144 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4354512 |
| Subdivision: | none |
| Bathrooms: | 1 |
| Year Built: | 1963 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 04-27-2026 | Listed | $395,000 | $346 |
| 03-27-2026 | Listed | $3,495,000 | $3,056 |
| 05-20-2025 | Listed | $640,583 | $560 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Beverly Hills Elementary | 2 miles | KG-05 | 6 |
| Royal Oaks Elementary | 2 miles | KG-05 | 1 |
| Charles E Boger Elementary | 2 miles | KG-05 | 8 |
| Coltrane-Webb Elementary | 3 miles | KG-05 | 5 |
| sCabarrus Charter Academy | 3 miles | KG-06 | 9 |
| Weddington Hills Elementary | 3 miles | KG-05 | 6 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 2851 Davidson Highway, Concord NC | 0 mi | $395,000 | days | |
| 1036 Wexford Place, Concord NC | 0.4 mi | $185,000 | days | |
| 1494 Kindred Circle, Concord NC | 0.6 mi | $319,000 | days | |
| 2574 Red Hill Street, Concord NC | 0.8 mi | $687,300 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Howard Hanna Allen Tate Concord
2851 Davidson Highway, Concord NC is a 1144 ft2 on a 3.090 acres Appraisal lot. This is for $395,000. This has 3 bedrooms, 1 baths, and was built in 1963.
Based on information submitted to the MLS GRID as of 2026-04-27 09:40:49 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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