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910 Fairview St - 910 Fairview St
10.94 Acres of Commercial Land Offered at $656,000 in Kannapolis, NC 28083
Investment Highlights
- R8 Zoning for Redevelopment
- Close Proximity to Rt-29 Corridor in Kannapolis
Executive Summary
Property Facts
Price | $656,000 | Property Type | Land |
Sale Type | Owner User | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Total Lot Size | 10.94 AC |
No. Lots | 1 |
Price | $656,000 |
Sale Type | Owner User |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 10.94 AC |
1 Lot Available
Lot
Price | $656,000 | Lot Size | 10.94 AC |
Price Per AC | $59,963 |
Price | $656,000 |
Price Per AC | $59,963 |
Lot Size | 10.94 AC |
+/-10.94AC of land with R8 zoning surrounded primarily by residential neighborhoods. Approx. 10% of the land is in a designated flood plain which could serve as green space area for redevelopment.
Description
This +/- 10.94ac property currently serves as a commercial office building supporting local AM and FM radio stations. As such, antennas are on-site that can either be removed by the owner or potentially permitted for cell phone tower use. The property is surrounded by residential neighborhoods. Despite the grandfathered commercial use, this property's highest and best potential would be for redevelopment to a medium-density residential neighborhood. A portion of the lot is designated flood plain and could be used to meet greenspace requirements for development.
PROPERTY TAXES
Parcel Number | 5623-26-3115-0000 | Improvements Assessment | $117,780 |
Land Assessment | $380,300 | Total Assessment | $498,080 |
PROPERTY TAXES
zoning
Zoning Code | R8 (The purpose of the Residential 8 (R8) District is to provide lands for neighborhoods with a maximum density of 8 units per acre.) |
R8 (The purpose of the Residential 8 (R8) District is to provide lands for neighborhoods with a maximum density of 8 units per acre.) |
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910 Fairview St - 910 Fairview St
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