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Kim Gandy
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RE/MAX Leading Edge
354 George W Liles Pkwy #40
Concord, NC

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Posts Tagged ‘Housing Market in Kannapolis NC’

Planned Commercial-Retail Park for Kannapolis, NC

Monday, November 16th, 2009

A 32-acre multi-use development is coming to Kannapolis at I-85 Exit 63 across the street from the 4,700-seat Fieldcrest Cannon Stadium.  DPE Investments, The Charlotte developer, announced Research Commerce Park will include 12 parcels for commercial use, 5 for retail, and 2 hotels.  One of the hotels will also have a conference center.  Research Commerce Park will serve as a gateway to the North Carolina Research Campus and is anxiously awaited for the expected creation of hundreds of jobs which will boost the local economic economy.  Groundbreaking is scheduled to occur 2010 with project completion in three to four years.

Market Recap

  • Avg. Sales Price: $150,742

  • Avg. Days on Market: 71

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