174 Emery Avenue [132 units multi family] Concord, NC 28027
Active Under Contract
NEW 132 unit (96 2BR; 36 1BR) multi family, 114K gross sft apartment visible from I-85, within 2 miles of Atrium health- Cabarrus, Carolina mall, shopping, restaurants, and close proximity to exits 58/55 on I-85. Total 4 buildings with each 3 stories on 8.62 acre site. CURRENTLY UNDER CONSTRUCTION. First building to be completed by Dec'21 and remaining buildings to be completed by May/Summer 2022. Looking for serious buyers with LOI.....
Listing Brokerage NameNorthGroup Real Estate, Inc.
Community - Concord
Sale Price as (%) of Asking Price
Average Sale Price
Average Days On Market
Data compiled from available Multiple Listing Service sources.
Concord is a large city on the edge of Charlotte and is known for NASCAR’s Charlotte Motor Speedway. The meaning of Concord is “with harmony”, which reflects this city’s rich history and present-day values.
Concord homes range from quaint single-story properties to stately mansions, with an emphasis on traditional and Colonial styles. You will find both restored historic properties and new construction homes in Concord. The city typically has lower home prices than Charlotte, with an overall cost of living hovering just below the national average. This is an affordable residential area just minutes from it all.
Lifestyle and Attractions
Concord is the largest city in and county seat of Cabarrus County. With a population of more than 85,000, the city of Concord is the second-largest city in the Charlotte Metropolitan Area and the 12th largest city in the state. Concord is widely known as the home of Charlotte Motor Speedway, a motorsports complex hosting NASCAR races. Concord is also the headquarters for Roush Fenway Racing and Chip Ganassi Racing, making it a popular destination for NASCAR fanatics. Visitors also travel from throughout the region to visit Concord Mills Mall, a massive outlet and value retail shopping destination in Concord. The city enjoys a convenient distance from Uptown Charlotte, where residents may travel for work, dining, shopping and entertainment.
Concord is located near Lake Fisher, a 534-acre lake available for fishing from March through November. Concord hosts a number of annual events and festivals, including the Carolina Renaissance Festival, Dogs’ Day Out, Union Street Live, and the Spring Into Arts Festival. The historic and charming downtown Concord area hosts the Cabarrus County Courthouse and a variety of local shops and restaurants. Performing arts venues in Concord include the Old Courthouse Theatre, the Davis Theatre and the expansive Cabarrus Arena & Events Center. Residents and visitors frequent Great Wolf Lodge, a massive indoor water park packed with a variety of family-friendly attractions.
Nearby Schools and Higher Education
Concord has 29 schools in Cabarrus County Schools, in addition to six private schools in the city. Concord is home to a number of colleges, including Pfeiffer College, Cabarrus College of Health Sciences, Rowan-Cabarrus Community College, and RCCC-Cabarrus Business and Technology. There are several schools of higher learning within reach for Concord residents, including Davidson College, Johnson & Wales University, Queens University and the University of North Carolina at Charlotte.
The name Concord means “with harmony”, a principle upon which the city was founded in 1796. County officials searched for a place to form Cabarrus County’s seat, spurring a two-year debate between the German and Scots-Irish settlements. The two groups compromised, and the county seat was placed on a 26-acre tract near the old Indian Trading Path, located just west of Three Mile Branch.
Ten years later, the settlement was incorporated and the town saw rapid growth thereafter. By 1839, the first cotton mill opened where Locke Mill Plaza currently stands. After a few years, 50 employees were manufacturing shirts and cotton yarn. Like many towns in the Carolinas, the cotton industry led to a demand for a railroad depot to transport goods in and out of town.
Approximate Distance to:
Uptown Charlotte: 25 Miles
Charlotte-Douglas International Airport: 28.5 Miles
Carolinas Medical Center: 3 Miles
Novant Health Presbyterian Medical Center: 26 Miles
I-485: 12 Miles
I-85: 3.5 Miles
Contact Allen Tate Mortgage today!
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