Commercial Real Estate in Concord available for sale
Concord 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 50 kilometers of Concord, NC, USA

More details for 1422-1450 Nottingham Rd, Kannapolis, NC - Multifamily for Sale

1422-1450 Nottingham Rd

Kannapolis, NC 28081

  • 1031 Exchange Property
  • Multifamily for Sale
  • $5,036,917 CAD
  • 21,816 SF

Kannapolis Multifamily for Sale - Cabarrus County

The Townhomes at Cannon Mills located at 1422 Nottingham Dr., Kannapolis, NC, is a 24-unit townhome community situated on ±2.22 acres, comprised of two-story 2BR/1.5BA units with front and back porches in a quiet residential neighborhood just outside of Downtown Kannapolis. The property offers durable in-place cash flow with a clear path to additional revenue through continued rent optimization toward prevailing submarket levels, including the opportunity to further modernize remaining interiors with upgraded finishes to support premium rent positioning. A recent ±$500,000 capital improvement program materially reduces near-term CapEx and supports long-term performance, including an exterior overhaul (painted brick, metal awnings, shutters, upgraded lighting, gutters), new concrete patios and railings, new windows, upgraded electrical panels, utility optimization, a new asphalt parking lot with wheel bumpers, and targeted HVAC replacements. These improvements enhance curb appeal, operating efficiency, and durability. Kannapolis has emerged as a growth market anchored by the 350-acre North Carolina Research Campus, along with expanding healthcare and advanced manufacturing. The asset is located approximately 2.5 miles from Downtown Kannapolis, less than 5 miles from Atrium Health Cabarrus, and offers convenient access to I-85. It is approximately 25 miles to Uptown Charlotte, providing strong regional demand drivers with a favorable cost-of-living profile. For investors, Townhomes at Cannon Mills combines suburban stability with Charlotte-metro connectivity. It is an upgraded, well-located, income-producing asset positioned for continued performance in a market benefiting from sustained population and income growth.

Contact:

US Developments, LLC

Property Subtype:

Apartment

Date on Market:

2026-01-28

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More details for 3840 Pleasant Plains Rd, Matthews, NC - Land for Sale

Outparcel 3 - 3840 Pleasant Plains Rd

Matthews, NC 28104

  • 1031 Exchange Property
  • Land for Sale
  • $1,150,908 CAD
  • 0.91 AC Lot
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More details for 301 E Windsor St, Monroe, NC - Office for Sale

301 E Windsor St

Monroe, NC 28112

  • 1031 Exchange Property
  • Office for Sale
  • $1,150,908 CAD
  • 5,399 SF
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More details for Statesville Residential Portfolio of 13 – Specialty for Sale, Statesville, NC

Statesville Residential Portfolio of 13

  • 1031 Exchange Property
  • Specialty for Sale
  • $4,535,933 CAD
  • 14,498 SF
  • 9 Specialty Properties
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More details for 44855 Hwy 740, New London, NC - Land for Sale

Prime 61.72 Acres | Single Family Entitled - 44855 Hwy 740

New London, NC 28127

  • 1031 Exchange Property
  • Land for Sale
  • $2,843,421 CAD
  • 61.72 AC Lot
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1031 Exchange Properties For Sale

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