4633 Orphanage Rd Land
Concord, NC 28027
Land For Sale · 7.14 AC

Concord Multifamily Development Opportunity within the Charlotte MSA. Two-parcel, ±14.60-acre site at 4633 & 4489 Orphanage Road in Concord, NC with approved plans for 240 garden-style units across two phases and optional ±9,000 SF retail. Parcel 1 totals ±7.14 acres with 114 units plus the optional retail pad; Parcel 2 totals ±7.76 acres with 126 units. Zoning allows by-right multifamily (PD & R-18 CZ), and the project benefits from 100% sewer allocation, completed entitlements, and partially performed site work—streamlining time-to-delivery and reducing execution risk. The location offers immediate regional connectivity and visibility near I-85 and NC-73 with reported traffic counts of roughly 114,000 VPD and 18,500 VPD, respectively. Demand drivers include proximity to major employers, retail concentrations, and tourism anchors in a rapidly growing submarket. 2024–2029 population growth projections and household income profiles within 1–5 miles support sustained renter demand. Development kit available upon request includes civil, architectural, engineering, soils/geotech, and TIA materials. Unit program across both phases is predominantly 1x1 and 2x2 layouts with average sizes in the 739–1,006 SF range. Contact brokers for more information.