550 Penny Ln NE Concord, NC 28025
Estimated payment $3,371/month
About This Lot
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.
Listing Agent
New Branch Real Estate Advisor Brokerage Phone: 704-786-8888 License #345474 Listed on: 12/16/2025
Co-Listing Agent
New Branch Real Estate Advisor Brokerage Phone: 704-786-8888 License #295051
Property Details
Property Type
- Land
Lot Details
- Possible uses of the property include Commercial
- Property is zoned C-2
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5622-51-3554-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,313 | $734,210 | $734,210 | $0 |
| 2024 | $7,313 | $734,210 | $734,210 | $0 |
| 2023 | $8,143 | $667,460 | $667,460 | $0 |
| 2022 | $8,143 | $886,760 | $886,760 | $0 |
| 2021 | $10,818 | $886,760 | $886,760 | $0 |
| 2020 | $10,818 | $886,760 | $886,760 | $0 |
| 2019 | $7,927 | $649,750 | $649,750 | $0 |
| 2018 | $7,797 | $649,750 | $649,750 | $0 |
| 2017 | $7,667 | $649,750 | $649,750 | $0 |
| 2016 | $4,548 | $855,220 | $855,220 | $0 |
| 2015 | $10,092 | $855,220 | $855,220 | $0 |
| 2014 | $10,092 | $855,220 | $855,220 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $525,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4329995
APN: 5622-51-3554-0000
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