3
See all 3 photos
$1,499,999
Est. payment /mo
1.81 Acres Lot
New
1356 Rainbow DR Kannapolis, NC 28081
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Key Details
Property Type Commercial
Sub Type None
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4408325
Year Built 1949
Lot Size 1.814 Acres
Acres 1.814
Property Sub-Type None
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.
Location
State NC
County Cabarrus
Zoning R18
Rooms
Basement Unfinished
Interior
Inclusions Building, Land
Exterior
Street Surface Paved
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition Undisclosed
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Travis Rabon • Premier Real Estate Team Inc. • travisrabon@hotmail.com
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