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S Hwy 29
Concord, NC 28027
Land For Sale · 0.55 AC

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INVESTMENT HIGHLIGHTS

  • Prime outparcel on Concord Parkway with two signalized intersections
  • Adjacent to 300-unit Evolve at Parkway apartment community
  • 1.5 miles from $5B Eli Lilly campus and close to Charlotte Motor Speedway
  • Last available pad in a high-growth retail corridor
  • Near Walmart Neighborhood Market and major regional employers

EXECUTIVE SUMMARY

Parkway Commons presents an exceptional lease or build-to-suit opportunity in Concord’s rapidly expanding commercial corridor. This ±0.55-acre pad offers unmatched visibility along Highway 29, supported by two traffic signals and a steady flow of 27,000 vehicles daily. The site is positioned at the gateway to Concord Commerce Center, a 392,000-square-foot industrial development under construction, and adjacent to Evolve at Parkway’s 300-unit apartment community, ensuring a strong mix of daytime and residential traffic.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.55 AC
Zoning X - Commercial, Mixed Use

1 LOT AVAILABLE

Lot

Price $750,000
Price Per AC $1,363,636.36
Lot Size 0.55 AC

Build-to-suit or lease options.

DESCRIPTION

Positioned along Concord Parkway/Highway 29, Parkway Commons offers a rare opportunity to acquire a prime outparcel in one of Concord’s most dynamic growth corridors. This ±0.55-acre site is the last pad available within a high-visibility retail hub, strategically located in front of the 49-acre Concord Commerce Center, which is currently under construction. The property benefits from two signalized intersections and exceptional exposure to 27,000 vehicles per day, ensuring strong traffic flow and brand visibility. Surrounding development underscores the area’s vitality: 300 new apartment units at Evolve at Parkway are now open, and the site is just 1.5 miles from the new $5 billion Eli Lilly campus, a major economic driver for the region. Additional nearby anchors include Walmart Neighborhood Market and a mix of national retailers, creating a robust customer base. With full city approvals in place, this parcel is ideal for retail, restaurant, or specialty concepts seeking a foothold in a thriving market. Its proximity to Charlotte Motor Speedway and major transportation routes further enhances long-term investment value.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5509-21-7889-0000
Land Assessment
$965,210
Improvements Assessment
$0
Total Assessment
$965,210
  • Listing ID: 38862504

  • Date on Market: 12/23/2025

  • Last Updated:

  • Address: S Hwy 29, Concord, NC 28027

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