- For Sale $3,150,000
- Property Type Multi-Family
- Property Size 338,025.6 SF
- Units 126
- Lot Size 7.76 Acre
- Date Updated Apr 17, 2026
Description
4489 Orphanage Road is a shovel-ready multifamily development opportunity in Concord, NC, within the fast-growing Charlotte MSA. The ±7.76-acre site is approved by-right for 126 units (PD & R-18 CZ) with 100% sewer allocation, supported by a full due-diligence package including civil, architectural, engineering, soils, geotech, and TIA.
Strategically positioned just off I-85 (±114,000 VPD) and Highway 73 (±18,500 VPD), the property offers direct connectivity to major employment centers, retail, and regional demand drivers such as Amazon, Atrium Health Cabarrus, Eli Lilly, Concord-Padgett Regional Airport, and Charlotte Motor Speedway—supporting long-term renter demand and lease-up velocity
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Contacts
Simpson Commercial Real Estate
Location
Located at 4489 Orphanage Road, Concord, NC 28027, this property is part of the The Pines of Cabarrus neighborhood and Charlotte market.
Simpson Commercial Real Estate