(864) 362-2375
$1,499,999
1356 Rainbow Drive, Kannapolis, NC 28081
1949YearYear Built
About This Home
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
Key Facts
Status: Active
Type: Commercial Sale
HOA Fees: $0
MLS: Canopy
MLS #: 4408325
Features
None
Building
Land
Mortgage Calculator
$7,585Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $1,499,999
Status: Active — For Sale
Days on market: 0
Last updated: Jul 29, 2026
Schools
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Listing courtesy of Premier Real Estate Team Inc.
Source MLS #: 4408325
Last updated: Jul 29, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.