Log In/Sign Up
Your email has been sent.
2350 Concord Lake Rd - Jaben Starnes, CCIM - Approved for 55 units 3.43 Acres of Commercial Land in Concord, NC 28025
Investment Highlights
- Special Use Permit approved by the Kannapolis Board of Adjustment for a 55-unit multifamily development (Case BOA-2025-26)
- Traffic Impact Analysis not anticipated, projected trips fall below both the City's 1,000 ADT threshold and NCDOT's 3,000 ADT threshold
- Surrounded by national credit, right in the middle of a major corridor, and minutes off I-85. Strong population and economic growth trajectory.
- 55 units on 3.44 acres is the top of the density band the Kannapolis 2030 Comprehensive Plan supports for this site (6–16 units/acre)
- Conceptual plan yields 125 parking spaces against 83 required, 15% open space against 10% required, and 0.50 impervious ratio against 0.80 allowed
Executive Summary
City of Kannapolis Board of Adjustment approved request for a Special Use Permit (SUP) for property located at 2350 Concord Lake Rd. and
further identified as Cabarrus County Parcel Identification Number 56223304400000. This
approval will allow for a multifamily dwelling of 55 units. Approval of the SUP does not constitute
or imply approval of sewer allocation. Sewer allocation must be obtained through a separate review and approval process at a later date.
3.44-acre multifamily development site in Kannapolis, North Carolina, approved by the City of Kannapolis Board of Adjustment for 55 dwelling units under Special Use Permit Case BOA-2025-26.
Kannapolis has grown approximately 14% since 2020 to more than 63,000 residents, and the City's Wastewater Allocation Policy has made sewer capacity, not land, and not demand, the binding constraint on new multifamily supply.
The 55-unit approval represents the maximum density supported by the Kannapolis 2030 Comprehensive Plan for this parcel (6–16 units per acre). The conceptual site plan prepared by Kimley-Horn was designed with 125 parking spaces against 83 required, 15% open space against a 10% requirement, and a 0.50 proposed impervious ratio against a 0.80 maximum. A Duke Energy transmission easement traverses the property and has been fully designed around, with required 25-foot transmission setbacks reflected in the approved concept.
Kimley-Horn's due diligence found no streams or wetlands, acceptable sight distance at the proposed Concord Lake Road access, and no anticipated requirement for a Traffic Impact Analysis at this time since this is under the threshhold. Ownership cleared the site in 2023. The full diligence file, ALTA survey, site investigation memo, SUP order and approval letter, and conceptual site plan convey to a buyer at closing.
Sewer allocation has not been awarded and does not convey with the Special Use Permit. Allocation is secured through a separate City of Kannapolis process. Prospective purchasers should conduct independent diligence with the City of Kannapolis and WSACC regarding allocation availability, timing, and system development fees.
Please call or text to discuss further!
Jaben W. Starnes, CCIM
jaben@starnescommercial.com
Steward of property. Servant of legacy.
--
Direct: (704) 380-7963 | NC Lic. #315996
210 Oak Ave | Kannapolis, NC
further identified as Cabarrus County Parcel Identification Number 56223304400000. This
approval will allow for a multifamily dwelling of 55 units. Approval of the SUP does not constitute
or imply approval of sewer allocation. Sewer allocation must be obtained through a separate review and approval process at a later date.
3.44-acre multifamily development site in Kannapolis, North Carolina, approved by the City of Kannapolis Board of Adjustment for 55 dwelling units under Special Use Permit Case BOA-2025-26.
Kannapolis has grown approximately 14% since 2020 to more than 63,000 residents, and the City's Wastewater Allocation Policy has made sewer capacity, not land, and not demand, the binding constraint on new multifamily supply.
The 55-unit approval represents the maximum density supported by the Kannapolis 2030 Comprehensive Plan for this parcel (6–16 units per acre). The conceptual site plan prepared by Kimley-Horn was designed with 125 parking spaces against 83 required, 15% open space against a 10% requirement, and a 0.50 proposed impervious ratio against a 0.80 maximum. A Duke Energy transmission easement traverses the property and has been fully designed around, with required 25-foot transmission setbacks reflected in the approved concept.
Kimley-Horn's due diligence found no streams or wetlands, acceptable sight distance at the proposed Concord Lake Road access, and no anticipated requirement for a Traffic Impact Analysis at this time since this is under the threshhold. Ownership cleared the site in 2023. The full diligence file, ALTA survey, site investigation memo, SUP order and approval letter, and conceptual site plan convey to a buyer at closing.
Sewer allocation has not been awarded and does not convey with the Special Use Permit. Allocation is secured through a separate City of Kannapolis process. Prospective purchasers should conduct independent diligence with the City of Kannapolis and WSACC regarding allocation availability, timing, and system development fees.
Please call or text to discuss further!
Jaben W. Starnes, CCIM
jaben@starnescommercial.com
Steward of property. Servant of legacy.
--
Direct: (704) 380-7963 | NC Lic. #315996
210 Oak Ave | Kannapolis, NC
Property Facts
1 Lot Available
Lot 1
| Lot Size | 3.43 AC |
| Lot Size | 3.43 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 5622-33-0440-0000 | Improvements Assessment | $0 |
| Land Assessment | $288,700 | Total Assessment | $288,700 |
Property Taxes
Parcel Number
5622-33-0440-0000
Land Assessment
$288,700
Improvements Assessment
$0
Total Assessment
$288,700
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
2350 Concord Lake Rd - Jaben Starnes, CCIM - Approved for 55 units