1356 Rainbow Drive, Kannapolis, NC 28081

$1,499,999

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Premier Real Estate Team Inc.. travisrabon@hotmail.com

List Price
$1,499,999
MLS#
4408325
Status
ACTIVE
Days on Market
0
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1949
Lot Size
79,017
Lot Size Area
1.814
County
Cabarrus
Special Conditions
Undisclosed

Property Description

Developers Dream. 4 properties being sold in 1 portfolio, so HLA and tax info. does not reflect accurate values. Although there are homes on each property that adds tons of value, the properties are bing sold with homes being included at no value, because the real value is in the zoning.. 2 side by side Properties on Rainbow Drive in Kannapolis are Zoned R18. 1 property on Birch St. is zoned R8. 1 home on Westover Ave is just a single family home being thrown into the mix as an added bonus. SELLER IS NOT INTERESTED IN SELLING ANY PROPERTIES INDIVIDUALLY. properties includes in Cabarrus County are 1356 Rainbow Dr. Kannapolis, 1352 Rainbow Dr. Kannapolis, these are zoned R18. & 1201 Birch St. Kannapolis is zoned R8 and in Rowan County is 107 Westover Ave. Kannapolis. All homes are occupied and sold at no value so there are no lockboxes and you can not schedule an appointmrnt to see the homes. Seller is looking for a developer that is interested in removing the homes and developing the land.

Additional Information

Driveway
Paved

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: