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.
Active
$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
- 1 day |
- 68 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 12:07pm
Listing Provided 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
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $525,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 28025
Nearby schools
GreatSchools rating
- 6/10Beverly Hills ElementaryGrades: K-5Distance: 1.1 mi
- 6/10Royal Oaks ElementaryGrades: K-8Distance: 1.7 mi
- 5/10Concord HighGrades: 9-12Distance: 1.3 mi
- Loading





