3560 Us Highway 601 Highway S, Concord, NC

The strategic expansion of the Charlotte metropolitan area finds its next logical progression in this 156-acre tract situated four miles from downtown Concord. Located at the intersection of Highway 601 and Highway 49, the site represents a rare opportunity for high-impact residential and commercial integration. The land is currently designated within the Future Land Use Plan for mixed-use development, supported by its proximity to established retail anchors and high traffic volumes confirmed by the NCDOT. For the institutional developer, the submarket’s current trajectory suggests a significant appetite for thoughtfully planned single-family and multifamily projects that bridge the gap between Concord’s historic center and Charlotte’s professional corridors. Access to municipal water and sewer services is contingent upon annexation into the City of Concord, a critical step for maximizing the site's density. An additional 17-acre adjacent parcel is available for those seeking to further extend the commercial footprint of a master-planned community. Technical inquiries and requests for private site reviews may be directed to Peters & Associates.

About the home

±156-acre property is a premier residential development site just 4 miles from downtown Concord & less than 25 miles from Charlotte. Directly across from a Food Lion-anchored shopping center, the property offers excellent visibility & high traffic counts, as confirmed by NCDOT. Annexation into the City of Concord is required for access to water & sewer services. Adjacent site has been approved for mixed use (site plan upon request) Designated in the Future Land Use Plan for Mixed-Use Development, the site is ideal for commercial, single-family, & multifamily residential projects. Positioned along the two-lane Hwy 601 & just 1/4 mile from the four-lane Hwy 49, which connects Charlotte, Concord, and Raleigh, the property benefits from seamless access to major markets. Its proximity to key highways and established commercial centers enhances its potential for diverse and high-impact development. Developers, please see listing # 4159070 linked parcel. Adjacent 17 acres available for commercial development

Price in context

• Highest asking price of 3 active $1.5M+ homes in Concord.
• Reduced $7,000,000 (28.0%) from the original $25,000,000 asking price.
• 604 days on the market, listed 2024-12-03.
• County tax assessment $3,550,830; the asking price is 5.07× the assessed value.

Location

Straight-line distances

• Charlotte Country Club: 17.6 mi
• Uptown Charlotte: 19.2 mi
• SouthPark Mall: 21.7 mi
• Wilson Air Center (private aviation, CLT): 24.2 mi
• Charlotte Douglas International Airport: 24.6 mi
• Quail Hollow Club: 24.7 mi

Features

County

Cabarrus

Comparable homes on the market

• 3400 Biggers Road, Concord — $5,712,000, 3.2 mi away
• 525 Lake Lynn Road, Concord — $4,995,000, 5 bd, 9,337 sq ft, 3.4 mi away
• 3322 Morehead Road, Charlotte — $15,480,000, 9.2 mi away
• 5049-3 Trinity Church Road, Kannapolis — $3,969,500, 5 bd, 4,067 sq ft, 11.1 mi away
• 13027 Muscovy Court, Charlotte — $3,789,660, 3 bd, 1,798 sq ft, 12.5 mi away
• 315 Brief Road W, Indian Trail — $5,000,000, 4 bd, 6,106 sq ft, 12.5 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.