Situated on Penny Lane in Concord, NC, this C-2 zoned commercial land tract presents an attractive development opportunity in a growing commercial corridor. The property is in close proximity to medical offices, Atrium Health Cabarrus, Carolina Place Mall, and I-85, enhancing accessibility throughout the region.
The C-2 Commercial zoning permits a wide range of retail, office, medical, and service uses. The wooded site features rolling topography and is surrounded by a mix of commercial, medical, retail, and residential development.
Under contract-show
$525,000
550 Penny Ln NE, Concord, NC 28025
--beds
--baths
2.55Acres
Unimproved Land
Built in ----
2.55 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wooded siteRolling topography
- 221 days |
- 5 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Isaac Nifong 704-786-8888,
New Branch Real Estate Advisor,
Ryan Kinney,
New Branch Real Estate Advisor
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4329995
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Lot
- Size: 2.55 Acres
Details
- Parcel number: 56225135540000
- Zoning: C-2
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Concord
Financial & listing details
- Tax assessed value: $734,210
- Date on market: 12/16/2025
- Cumulative days on market: 221 days
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $525,000 |
Source:  Canopy MLS as distributed by MLS GRID #4329995 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 28025
Nearby schools
GreatSchools rating
- 7/10Royal Oaks ElementaryGrades: K-8Distance: 1.7 mi
- 6/10Concord HighGrades: 9-12Distance: 1.2 mi
- 2/10Concord MiddleGrades: 6-8Distance: 2.9 mi
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- $562,8004 bd3 ba2.3k sqft824 Waverly Ct NE, Concord, NC 28025Off Market
- $548,0004 bd3 ba2.6k sqft818 Waverly Ct NE, Concord, NC 28025Off Market
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- $--2 bd2 ba-- sqft500 Penny Ln NE #F320A52C6, Concord, NC 28025Off Market
- $--1 bd1 ba-- sqft500 Penny Ln NE #1, Concord, NC 28025Off Market
- $525,6003 bd2 ba2.7k sqft825 Rothmoor Dr NE, Concord, NC 28025Off Market
- $547,5003 bd2 ba2.9k sqft814 Waverly Ct NE, Concord, NC 28025Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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