As Kannapolis continues to grow, you should grab this commercial lot for speculative investment or to grow your business on a very busy corridor. Located in the Jackson Park area of Kannapolis and more specifically located near the intersection of Lane Street and Cannon Boulevard. This property can be used to develop businesses that meet C-2 and GC zoning characteristics. Water & Sewer available. No taps have been paid. There is a fixed billboard on the property. There are three different parcels conveying in this sale which are on Cabarrus Co side of the county line. Survey available. Tax value listed includes collective values for all three parcels as of 6.30.23. Sewer easement along the Lane St. side of the property. Legal Descriptions are as follows for the properties: 00 Lane Street = LTS 14-16 JACKSON PARK BLK C (PIN 5624 11 4579 0000) 903 Lane Street = LTS 17-18 JACKSON PARK BLK C (PIN 5624 11 5529 0000) 907 Lane Street = LTS 19-20 JACKSON PARK BLK C (PIN 5624 11 5558 0000)
Property Details
Property Features
Listing Office:
Office Name: Lantern Realty & Development, LLC
Other
Directions Information:
Directions: From Exit 62 of I-85 travel towards downtown on Lane Street. Property one the right at the Sloop Avenue intersection. From downtown Kannapolis, travel Lane Street towards Cannon Boulevard and turn left onto Cannon Bllvd, then right onto Central Drive. Turn right onto Sloop Avenue. Property on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $185,000
Tax Information:
Annual Amount: $374
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Kannapolis, NC.
This property is $121.7K less than the Median Sold Price in Kannapolis, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4045453
Listing Office:
Office Name: Lantern Realty & Development, LLC
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$991
Per Month
Principal & Interest
$924
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$621
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Jackson Park Elementary School
1400 Jackson St
Distance between this listing and this school0.33 miles
Public District Grades KG-5
6
/10
Woodrow Wilson Elementary School
800 N Walnut St
Distance between this listing and this school0.79 miles
Public District Grades KG-5
2
/10
G. W. Carver Elementary School
525 E C St
Distance between this listing and this school0.84 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Concord Lake Steam Academy
1911 Concord Lake Rd
Distance between this listing and this school2.98 miles
Public Charter Grades KG-8
2
/10
Corriher Lipe Middle School
214 W Rice St
Distance between this listing and this school3.08 miles
Public District Grades 6-8
1
/10
Kannapolis Middle School
1000 Virginia Dare St
Distance between this listing and this school3.09 miles
Public District Grades 6-8
Nearby Schools
2
/10
A. L. Brown High School
415 Martin Luther King Jr Ave
Distance between this listing and this school0.76 miles
Public District Grades 9-12
7
/10
Northwest Cabarrus High School
5130 NW Cabarrus Dr
Distance between this listing and this school4.72 miles
Public District Grades 9-12
2
/10
South Rowan High School
1655 Patterson St
Distance between this listing and this school4.90 miles
The neighbors living near this home have an average income of $50,431. Typical income of Kannapolis, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 903 Lane St
What is the listing price of this property?
The listing price of 903 Lane St property is $185,000.
What type of property is this?
The property 903 Lane St is land located in Kannapolis, North Carolina, 28083.
Is this property for sale now?
Active Listing: 903 Lane St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $374 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 903 Lane St in Kannapolis, NC and zip code 28083. It has been listed on Rocket Homes since June 30, 2023 and is currently priced at $185,000.
Over 8 listings were sold over their listed price in November 2024 in Kannapolis, NC. In the same period over 40 listings were sold below the listed price and 17 listings were sold for the listed price. In November 2024 in Kannapolis, NC there were 1.8% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $306,797, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.