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4633 Orphanage Rd Land
Concord, NC 28027

$2,900,000 USD

Land For Sale  •  7.14 AC

Property Details

  • Property Type Land
  • Lot Size 7.14 AC
  • Zoning PD & R-18
25 Transit Score
11 Walk Score

Description

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.

Highlights

Direct access to Highway 85 (114,000 VPD) and Highway 73 (18,500 VPD)

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Kannapolis Station (Piedmont - North Carolina by Train (NC Train)) 13 min - 7.3 mi
AirportDriveWalkDistance
Concord-Padgett Regional 16 min - 7.9 mi
Charlotte/Douglas International 41 min - 28.2 mi
Wells Herndon 704-781-7109 Simpson Commercial Real Estate
Wells Herndon 704-781-7109 Simpson Commercial Real Estate