INNOVATE Real Estate
Lot at Concord
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7 photos

$850,000

Concord, NC 28027
Listed by Melanie Wettlaufer · Keller Williams Ballantyne Area
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

We are delighted to present this exceptional 1.15-acre corner lot, situated along the bustling Concord Parkway (Highway 29) in the vibrant heart of Concord. Zoned as C-2 (General Commercial), this lot was once the cherished site of the beloved Concord Family Diner, offering boundless potential for future development. Owned by the same proprietor for over 30 years, this rare gem is now available for sale. Its strategic location in a well-established community makes it a familiar landmark and a prime spot for a new business venture or the expansion of an existing one. The high visibility and traffic flow of the lot make it an ideal location for retail, restaurant, or office space. Potential to split into two C2 lots if desired.

Property details

MLS #
CAR4227376
Property type
Lot
Subdivision
Sherwood Hills
Status
Active
Days on market
440
On market date
February 26, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Beverly Hills Elementary
1.12 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
285
Student:teacher ratio
12.4:1
District
Cabarrus County Schools
Middle
Northwest Cabarrus Middle
3.36 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
814
Student:teacher ratio
17.0:1
District
Cabarrus County Schools
High
Cabarrus-Kannapolis Early Coll
2.63 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
240
Student:teacher ratio
30.0:1
District
Cabarrus County Schools

Walkability

Blended score for Concord's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes17
Grocery stores6
Parks0
Schools4
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Concord, from live MLS data.

On the market 440 days -- 356 more days than Concord's current average of 84 days.
For reference, the median list price across 361 active listings in Concord right now is $425,000.

Mortgage calculator

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.