3560-C US Highway 601 Highway S

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3560-C US Highway 601 Highway S

Concord, NC 28025
Asking Price
$6.00M
Asset Type
Land
Class
Class B

What's Special

Located at 3560-C US Highway 601 South in Concord, North Carolina, this land parcel sits within a mixed-use corridor characterized by light industrial facilities and automotive services. The property offers direct frontage on Highway 601, a primary regional artery connecting Concord to Salisbury and Monroe. It is situated approximately five miles south of downtown Concord and provides convenient access to the Interstate 85 corridor. The surrounding neighborhood features a blend of established local businesses, residential pockets, and essential service providers, benefiting from steady daily traffic counts along the thoroughfare. The site is suited for commercial development or specialized outdoor storage, aligning with the area’s current zoning and industrial atmosphere. Ideal use cases include equipment staging, vehicle storage, or the construction of a small-scale warehouse or service shop. Typical tenants or owner-occupants for this location often include regional contractors, landscaping firms, or logistics companies requiring proximity to major transport routes. The level topography and established road access support a variety of site configurations tailored to service-oriented businesses looking to establish a footprint within the growing Charlotte metropolitan region.

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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.726
Annual Cash Flow
$-276,216.715

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