Property Details

1356 Rainbow Drive
Kannapolis
$1,499,999
MLS Number: 4408325
Status: Active


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

Address 1356 Rainbow Drive
Kannapolis
County Cabarrus

Overview

Bedrooms 0
Full Bathrooms 0
Half Bathrooms 0
Lot Size 1.814 acres
Year Built 1949

General

List Price $1,499,999
MLS Number 4408325
Status Active
Office Premier Real Estate Team Inc.

Schools

Elementary
Middle
High

Features

Type None

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Based on information submitted to the MLS GRID as of 08/21/26 4:34 pm EST.
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