$1,000,000

520 Central Dr NW Concord, NC 28027

Land

Property details

About 520 Central Dr NW

Recently inherited home sitting on approximately 1.64 acres. Currently zoned RC which allows up to 15 units per acre (per phone conversations with City of Concord). Property is being marketed as a development opportunity, either a multi family development or as single family lots. All development plans are subject to City of Concord approval, and any multifamily or single family lot permission needs to be approved through City of Concord. Currently the City of Concord is experiencing limited sewer capacity and any future development will need to go through the sewer allocation process before site approval. Property has an existing house sold as/is and is considered a tear down. Seller has answered to the best of their knowledge the Residential Property Disclosure, however their knowledge of the home details are limited since the original owner has passed.

Highlights

Home typeVacant Lot
StatusActive
MLS #4214134

Summary

  • List Price: $1,000,000
  • Annual Tax Amount: $2,184
  • Tax Year: 2024
  • MLS Number: 4214134
  • Office Name: Fathom Realty NC LLC
  • Office Email: graingergilbertrealty@gmail.com

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520 Central Dr NW, Concord, NC 28027

$1,000,000

520 Central Dr NW

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$219,300$2,184
2023$129,210$788
2022$129,210$-
2021$129,210$788
2020$129,210$788
2019$118,840$713
2018$118,840$701
2017$118,840$415

History based on county public records data.

Nearby schools

7

Coltrane - Webb STEM Elementary School

Public Magnet KG-5

1.2 mi

61 Spring St NW

8

Beverly Hills STEM Elementary School

Public Magnet KG-5

1.3 mi

87 Palaside Dr NE

4

Winecoff Elementary School

Public Magnet KG-5

2.3 mi

375 Winecoff School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,927. The most common annual income of people living in Concord, NC is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

70%
<35k
26%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
16%
Single, with Kids
16%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
31%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Concord, NC

Transportation in Concord includes a network of roads and highways that connect residents to the greater Charlotte metropolitan area and beyond. Public transit options are available, with bus services operating on a set schedule to accommodate commuters and local travelers. The city is also bike-friendly in certain areas, with dedicated lanes and trails. While specific ride-sharing services are present, their usage trends are reflective of the city's growing demand for diverse transportation options. Efforts to enhance transport efficiency and accessibility are ongoing, with plans for infrastructure improvements in the works.

Concord offers a comprehensive array of services to its residents. The educational system includes numerous public schools at the elementary, middle, and high school levels, as well as private educational institutions, providing a range of options for families. Healthcare is well-supported with several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. The city also maintains a public library system and boasts a variety of retail and dining options that cater to the tastes and needs of the community. City initiatives are in place to continually improve these services in line with demographic trends.

Concord prides itself on a family-friendly atmosphere and a strong sense of community. The city is celebrated for its historic downtown area, which hosts a variety of events and festivals throughout the year that reflect the local culture and community spirit. These gatherings, along with the city's parks and recreational facilities, contribute to Concord's inviting and cohesive character.

The housing landscape in Concord, North Carolina, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in Concord are diverse, with a blend of modern, traditional, and colonial influences. A significant portion of the housing stock was developed from the 1980s to the early 2000s, reflecting a period of growth for the city. The homeownership rate in Concord is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

About 520 Central Dr NW

The listing price of 520 Central Dr NW property is $1,000,000.

The property 520 Central Dr NW is land located in Concord, North Carolina, 28027.

Active Listing: 520 Central Dr NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 520 Central Dr NW are: Coltrane - Webb STEM Elementary School (GreatSchools Rating 7/10), Beverly Hills STEM Elementary School (GreatSchools Rating 8/10), Winecoff Elementary School (GreatSchools Rating 4/10), Harold E. Winkler Middle School (GreatSchools Rating 7/10), Concord Lake Steam Academy (GreatSchools Rating 7/10), Concord Middle School (GreatSchools Rating 3/10), Cabarrus Early College of Technology (GreatSchools Rating 9/10), Cabarrus County Opportunity School (GreatSchools Rating 1/10), Concord High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,184 (source: MLS/based on county public records data).

This home is located at 520 Central Dr NW in Concord, NC and zip code 28027. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $1,000,000.

In May 2025, from all listings sold in Concord, NC there were more than 26 sold above asking price, over 84 sold below and more than 33 were sold right at the asked price. The number of listings in Concord, NC increased by 6% between April and May 2025. The median list price of listings available in May 2025 was $377,780, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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