AI Land Feasibility Report — 3306 Weeping Willow Dr NW, Concord, NC 28027

Feasibility Rating: VIABLE URBAN INFILL SINGLE-FAMILY LOT WITH COMMON-OWNER BLA UPSIDE (8.6 / 10) · Recommendation: BUY WITH BOUNDARY LINE ADJUSTMENT OR CDO §13.1.2.A NONCONFORMING LOT CLEARANCE ($30,000–$50,000 Acquisition Basis · $425,000 Single-Family Exit) · Evaluated: November 4, 2026
Jurisdiction: City of Concord Corporate Limits (Cabarrus County) · Subdivision: S. W. Colerider Jr. (P/O Lot 12 · Plat Book 7, Page 34) · Zoning: RM-2 (Residential Medium Density) · Flood Hazard: FEMA Zone X (0.0% SFHA)


1. Executive & Development Summary

The subject property is a 0.1727-acre (7,522.29 sq ft) rectangular residential infill parcel located at 3306 Weeping Willow Dr NW, Concord, NC 28027 (Cabarrus County Account 140798, PIN 5611-31-5391, PIN14 56113153910000, Real ID 02-008 -0012.00), legally described as Part of Lot 12 of the S. W. Colerider Jr. Subdivision (recorded in Plat Book 00007, Page 00034, Tax Neighborhood YMCA, NBH_NUM: 25002). Situated inside the corporate limits of the City of Concord (CODE: CN, ETJ: no, Fire ISO Class 1 District) just 0.10 driving miles (1 minute) north of the $425,000 new-construction sale at 3301 Eva Dr NW and 2.4 driving miles (6 minutes) east of I-85 Exit 54 (George W. Liles Pkwy NW), the property features 51.47 linear feet of direct paved public street frontage along Weeping Willow Drive NW on the south boundary, a western side lot depth of 145.21 feet, a northern rear boundary of 52.37 feet, and an eastern side lot depth of 144.70 feet, totaling 393.74 linear feet of boundary perimeter (Shape.STLength(): 393.74 ft).

Wholesaler & Developer Lens — Ownership, Land Sales History & Common-Ownership Entitlement Strategy:

  1. Track 1 — Administrative Boundary Line Adjustment (BLA) with Seller's Adjoining 3300 Weeping Willow Dr NW (100% Conforming RM-2 Lot): Together, 3306 and 3300 Weeping Willow Dr NW span 25,197.03 sq ft (0.5784 acres) and 196.51 linear feet of continuous street frontage. Shifting the common interior lot line eastward by 23.53 feet (~2,478 sq ft) at closing makes 3306 Weeping Willow Dr NW a 100% conforming 10,000 sq ft (75.00 ft × 144.95 ft) RM-2 buildable lot, while leaving the seller's homestead at 3300 Weeping Willow Dr NW with 15,197 sq ft (0.3489 acres) and 121.51 ft of frontage (exceeding RM-2's 10,000 sq ft / 75 ft minimums by >50%). Across the street at 3295 & 3301 Weeping Willow Dr NW (Plat Book 91, Page 63), a builder executed this exact RM-2 replat (0.2289 ac / 9,969 sq ft and 0.2309 ac / 10,059 sq ft lots) and built three 2022 homes now assessed at $334,880–$383,060.
  2. Track 2 — Standalone Build on Existing 7,522.29 Sq Ft Lot via CDO §13.1.2.A (Nonconforming Lots of Record): Because 3306 Weeping Willow Dr NW (PIN 5611-31-5391, OLDPIN 5611-31-5214) is a separately platted/taxed parcel existing prior to the November 23, 2000 CDO adoption, conveying it into separate third-party builder ownership + obtaining a City of Concord Zoning Clearance Permit (ZCP) under CDO §13.1.2.A.2–3 allows construction of a single-family detached home within a 31.47 ft × 94.95 ft (2,988 sq ft) standard buildable envelope—or 36.47 ft × 107.45 ft (3,919 sq ft) using the Administrator's 25% yard reduction (§13.1.2.A.3) (7.5 ft side setbacks)—easily accommodating a 28–32 ft wide, 1,600–2,000 sq ft two-story infill residence.

Key Feasibility Findings:


2. Property Overview

AttributeVerified Record (Cabarrus County GIS / Tax Roll)
Property Situs Address3306 Weeping Willow Dr NW, Concord, NC 28027
Subdivision & Legal LotS. W. Colerider Jr. Subdivision · Part of Lot 12 (P/O LT 12 S W COLERIDER, NBH_NAME: YMCA, NBH_NUM: 25002)
Municipality / JurisdictionCity of Concord Corporate Limits (CODE: CN, CITYCODE: City of Concord, ETJ: no)
County & Permit DistrictCabarrus County · Permit District Concord · Tax District CS7 / ZN1
Account Number & Real IDAccount 140798 · Real ID 02-008 -0012.00 (OBJECTID: 154281632 / 204000473)
Parcel Identification Number (PIN)5611-31-5391 (PIN14: 56113153910000, OLDPIN: 5611-31-5214, BitekID: 13217318)
Legal Description & Plat ReferenceP/O LT 12 S W COLERIDER (Plat Book 00007, Page 00034)
Current Property OwnerRetha A. Coleman (COLEMAN RETHA A · Mailing: 3300 Weeping Willow Dr NW, Concord, NC 28027)
Calculated GIS Acreage / Land Area7,522.29 Sq Ft (0.1727 Acres) (County GIS Shape.STArea())
Cadastral Boundary Dimensions51.47 ft South Frontage × 145.21 ft West × 52.37 ft North Rear × 144.70 ft East
Total Boundary Perimeter393.74 Linear Feet (County GIS Shape.STLength(): 393.74 ft)
Land Sale Price$0.00 (Nominal / Intra-Family Estate Transfer) · Assessed Land Value: $48,000.00 ($6.38/sq ft)
Land Sale Date & DeedOctober 2020 (10/2020) · Intra-Family / Estate Deed · Deed Book 14559, Page 0070
Sales History of the Land0 Arm's-Length Market Sales in 25+ Years: Held by James L. Coleman (Account 1534500, assessed at $13,400 in 2012–2019); transferred 10/2020 for $0.00 (DB 14559 / PG 0070) to Retha A. Coleman along with adjoining 3300 Weeping Willow Dr NW
County Assessed Value (2026/2027)$48,000.00 Land + $0.00 Building + $0.00 Outbuilding (ObxfValue) = $48,000.00 Total Market Value
Prior Tax Cycle Assessment$16,800.00 Land + $0.00 Building = $16,800.00 Prior Total (+185.7% Tax Revaluation Surge)
Primary Base Zoning DistrictCity of Concord RM-2 (Residential Medium Density District per CDO Article 7; OLDZONING: R-2)
Zoning Overlay DistrictsNone (Outside Watershed Critical Area, Historic, and Airport Overlays)
FEMA Flood Hazard DesignationZone X (Unshaded · 0.0% SFHA) · FIRM Panel 5611 / 37025C (Minimal Risk)
Elevation Range & Vertical Relief686.0' to 698.0' MSL (12.0 ft contour relief · 8.3% moderate slope; USGS centroid 696.4' MSL)
Water / Sewer Utility InfrastructureCity of Concord Municipal Water & Wastewater Service District
Road Frontage & Access51.47 Linear Feet on paved public city street Weeping Willow Dr NW (SEGID: 6907, 25 mph)
Assigned Public SchoolsCharles E. Boger Elementary (9/10 A-) · Northwest Cabarrus Middle (7/10 B+) · West Cabarrus High (6/10 B+)

Complete Sales History & Tax Valuation History of the Land (PIN: 5611-31-5391 · Account: 140798)

Date / Tax CycleTransaction / Event TypeDeed Book / Page & InstrumentRecorded Sale PriceAssessed Land ValueBuilding / ObxfTotal Assessed ValueGrantee / Owner of Record & Notes
Pre-2000 (1950s)Original Subdivision PlatPlat Book 7, Page 34————Platted as Lot 12, S. W. Colerider Jr. Subdivision (OLDPIN: 5611-31-5214).
Pre-2000 SeveranceHistorical Lot DivisionPlat Book 7, Page 34 (P/O LT 12)—$13,400$0$13,400Western 51.47' (7,522 sq ft) established as separate Tax Parcel 02-008-0012.00.
2012 – 2019 CycleCounty Tax RevaluationHistorical Holding (No Sale)$0 (Held)$13,400$0$13,400James L. Coleman (COLEMAN JAMES L, Account 1534500, opendata/MapServer/152).
October 2020 (10/2020)Last Recorded Deed TransferDeed Book 14559, Page 0070$0.00 (Family/Estate)$16,800$0$16,800Retha A. Coleman (COLEMAN RETHA A, Account 140798; transferred with 3300 Weeping Willow).
2020 – 2023 CyclePrior Tax RevaluationDB 14559 / PG 0070 (No Sale)$0 (Held)$16,800$0$16,800Retha A. Coleman (PriorLandValue: $16,800, PriorTotalValue: $16,800).
2024 – 2026 CycleCurrent County Tax RollDB 14559 / PG 0070 (Current)$0 (Held)$48,000$0$48,000Retha A. Coleman (+185.7% land tax jump to $48,000; 100% vacant UseCode 0100).

3. Parcel Verification & Chain of Title

  1. Long-Term Coleman Family Ownership (James L. Coleman → Retha A. Coleman): Historical Cabarrus County CAMA records (opendata/MapServer/152) confirm that both 3306 Weeping Willow Dr NW (PIN14: 56113153910000, P/O LOT 12 S W COLERIDER, 7,522.29 sq ft) and the east-adjoining residence at 3300 Weeping Willow Dr NW (PIN14: 56113163530000, LOT 13 PT 12 S W COLERIDER JR, 17,674.74 sq ft) were held for decades by James L. Coleman (Account 1534500).
  2. October 2020 Deed Transfer (Deed Book 14559, Page 0070 · $0.00 Consideration): In October 2020 (10/2020), both parcels were conveyed together via Deed Book 14559, Page 0070 for $0.00 consideration (SaleYear: 2020, SaleMonth: 10, SalePrice: 0.0) to Retha A. Coleman (Account 140798). Furthermore, the parcel immediately north (PIN14: 56113154550000, LTS 15 & P/O 17 S W COLERIDER JR, 0.561 ac) is owned by Lisa Coleman Hinson, confirming a multi-parcel family compound.
  3. Common-Ownership Contiguous Frontage & Why It Matters for Entitlement: Because Retha A. Coleman owns both 3306 Weeping Willow Dr NW (51.47 ft frontage, 7,522.29 sq ft) and 3300 Weeping Willow Dr NW (145.04 ft frontage, 17,674.74 sq ft), she controls 25,197.03 sq ft (0.5784 acres) and 196.51 linear feet of continuous frontage on Weeping Willow Dr NW. Under Concord CDO §13.1.2.A.1, a nonconforming lot of record (<10,000 sq ft / <75 ft wide in RM-2) has automatic by-right status when held in separate ownership without continuous frontage in the same ownership—or the owner can execute a simple administrative Boundary Line Adjustment (BLA) shifting 23.53 ft (2,478 sq ft) from 3300 Weeping Willow into 3306 Weeping Willow at closing so both lots exceed RM-2's 10,000 sq ft and 75.0 ft width standards outright!
Adjoining PIN14Situs Address & DirectionAcresLegal Description & PlatLand ValueBuilding ValueTotal Market Value
561131635300003300 Weeping Willow Dr NW (East · Same Owner)0.406 acLTS 13 & P/O 12 S W COLERIDER JR (PB 7/34)$60,000$128,730$190,050
561131522800003312 Weeping Willow Dr NW (West Side Adjoiner)0.335 acLT 11 S W COLERIDER JR PROP (John Lee Wiles)$60,000$122,370$182,370
56113154550000North Rear Adjoiner (Lisa Coleman Hinson)0.561 acLTS 15 & P/O 17 S W COLERIDER JR (PB 7/34)$60,000$90,520$152,250
561131615700003301 Weeping Willow Dr NW (South Across St · 2022)0.229 acLT 3 PLAT FOR 3301 WEEPING WILLOW (PB 91/63)$60,000$287,890$349,630
561131724000003295 Weeping Willow Dr NW (SE Across St · 2022)0.231 acLT 2 WEEPING WILLOW DR NW (PB 91/63)$60,000$272,710$334,880
56113171310000Lot 1 Plat PB 91/63 (SE Corner · Built 2022)0.267 acLT 1 PLAT FOR 3301 WEEPING WILLOW (PB 91/63)$60,000$320,890$383,060
561131517100003313 Weeping Willow Dr NW (SW Across Street)0.367 acLT 7 S W COLERIDER JR (PB 7/34)$45,000$194,620$241,280

4. Zoning Analysis

GIS Metadata vs. Adopted Ordinance Note: The legacy Cabarrus GIS popup string (ZoningDescConcord.Intent) states "11,000 square foot minimum lot size, maximum of four dwelling units per acre", whereas the legally adopted Concord Development Ordinance (CDO) Table 7.6.2-A establishes a 10,000 sq ft minimum lot size, 75.0 ft minimum lot width, 100.0 ft minimum lot depth, and 4.0 dwelling units per acre maximum density for RM-2.

Dimensional & Setback Standards — Concord CDO Table 7.6.2-A, Table 7.6.2-B & §13.1.2.A (RM-2 District):

Dimensional StandardCDO RM-2 StandardSubject As-Is (3306 Only)With 23.53' BLA from 3300Compliance & Entitlement Basis
Minimum Lot Area10,000 sq ft7,522.29 sq ft (0.1727 ac)10,000.0 sq ft (0.2296 ac)⚠️ As-Is: §13.1.2.A Lot of Record / ✅ 100% Conforming w/ BLA
Maximum Gross Density4.0 du / acre1 Single-Family Unit1 Single-Family Unit✅ 1 Detached Single-Family Home Permitted (P)
Min. Public Street Frontage15.0 ft51.47 ft75.00 ft✅ 100% Conforming (3.43× minimum as-is)
Minimum Lot Width75.0 ft51.47' front / 52.37' rear75.00' front / 75.90' rear⚠️ As-Is: -23.53' (§13.1.2.A) / ✅ 100% Conforming w/ BLA
Minimum Lot Depth100.0 ft144.95 ft (145.21' W / 144.70' E)144.95 ft✅ 100% Conforming (+44.95' depth surplus)
Maximum Building Height35.0 ftVacant (1–2.5 stories)Vacant (1–2.5 stories)✅ Conforming
Minimum Front Setback25.0 ft (18.75' w/ §13.1.2.A.3)Applied along South frontageApplied along South frontage✅ Leaves 94.95–107.45 ft buildable depth
Minimum Interior Side Setback10.0 ft/side (7.5' w/ §13.1.2.A.3)Applied along East & West linesApplied along East & West lines✅ 31.47' std / 36.47' reduced / 55.00' BLA width
Minimum Rear Setback25.0 ft (5.0' accessory)Applied along North rear lineApplied along North rear line✅ Conforming
  1. As-Is Parcel (51.47' × 144.95') with Standard RM-2 Setbacks (25' Front / 25' Rear / 10' Sides): Yields a net buildable envelope of 31.47 ft width × 94.95 ft depth (~2,988 sq ft buildable footprint)—accommodating a 28–31 ft wide × 50–60 ft deep two-story single-family home (1,600–2,000 sq ft) with zero variance required.
  2. As-Is Parcel with CDO §13.1.2.A.3 25% Administrative Yard Reduction (18.75' Front/Rear, 7.5' Sides): Expands the net buildable envelope to 36.47 ft width × 107.45 ft depth (~3,919 sq ft buildable footprint).
  3. With 23.53-Ft Boundary Line Adjustment (BLA) from Seller's Adjoining 3300 Weeping Willow Dr NW (75.00' × 144.95'): Yields a full 55.00 ft width × 94.95 ft depth (~5,222 sq ft buildable footprint) while 3300 Weeping Willow Dr NW retains 15,197 sq ft and 121.51 ft frontage.

5. Future Land Use Analysis


6. Rezoning & Upzoning Opportunity

There is no profitable opportunity to rezone or upzone 3306 Weeping Willow Dr NW (7,522.29 sq ft / 0.1727 acres) to achieve additional dwelling units or commercial uses:

  1. Why Upzoning to RV (Residential Village, 7,500 sq ft min lot, 8 du/ac) or RC (Residential Compact) Does NOT Unlock a 2-Lot Split: Even if an applicant spent 6–9 months and $6,000–$10,000 petitioning the City of Concord Planning & Zoning Commission to upzone this 7,522.29 sq ft parcel from RM-2 to RV (7,500 sq ft min lot area, 50 ft min lot width), 7,522.29 sq ft divided by 7,500 sq ft is only 1.003 lots (0.1727 acres × 8.0 du/ac = 1.38 units max density), and its 51.47 ft frontage cannot be split into two 50 ft lots (100 ft required). Furthermore, under CDO §7.7.4-F, a Duplex requires 1.5× the minimum lot area and width (11,250 sq ft and 75 ft width even in RV, or 15,000 sq ft and 112.5 ft width in RM-2). Thus, upzoning the standalone parcel yields zero additional units beyond 1 detached single-family home.
  2. Why Upzoning to Multifamily (RC / RM-2-CD) or Commercial (B-1 / C-2) Will Be Denied: Under CDO §7.5.12, rezoning to commercial is explicitly discouraged adjacent to RM-2 single-family lots, and a 0.1727-acre interior block parcel on a 25-mph residential street (Weeping Willow Dr NW) lacks the acreage, collector-street intersection, and parking geometry required for apartments or commercial use.
  3. How to Unlock Conforming RM-2 Buildability in 30 Days Without Rezoning: Instead of pursuing a public-hearing rezoning, a wholesaler or builder should either: (a) execute an administrative Boundary Line Adjustment (BLA) shifting 23.53 ft (2,478 sq ft) from the seller's east-adjoining lot (3300 Weeping Willow Dr NW) to create a 100% conforming 10,000 sq ft (75.0' × 144.95') RM-2 lot, or (b) pull an administrative Nonconforming Lot of Record Zoning Clearance Permit (ZCP) under CDO §13.1.2.A.2–3 once 3306 Weeping Willow Dr NW is deeded into separate builder ownership.
Entitlement PathwayCDO Status & Unit YieldProfitability & Rezoning/Upzoning Assessment
Upzoning Standalone Parcel for 2 Lots or MultifamilyNot Feasible (No Opportunity)NO OPPORTUNITY TO REZONE/UPZONE FOR EXTRA UNITS. At 7,522.29 sq ft (51.47' wide), even RV zoning (7,500 sq ft min) yields only 1 buildable lot, and Duplexes require 1.5× lot area/width (§7.7.4-F).
Track 1: Administrative BLA w/ Seller's 3300 Weeping WillowP By-Right in RM-2 (1 Lot)BEST ENTITLEMENT TRACK. Shifting 23.53' (2,478 sq ft) from seller's 17,675 sq ft lot creates a 100% conforming 10,000 sq ft (75' × 145') RM-2 lot ($425,000 exit) with zero rezoning.
Track 2: Standalone 7,522 Sq Ft Lot via CDO §13.1.2.AP Lot of Record in RM-2 (1 Lot)FASTEST AS-IS TRACK. Conveying 3306 into separate ownership + §13.1.2.A.2–3 ZCP (with optional 25% yard reduction to 7.5' sides) allows a 28'–32' wide 2-story SF build ($425,000 exit).
Track 3: Full 2-Parcel Assemblage (3306 + 3300 = 25,197 SF)P By-Right in RM-2 (2 Lots)OPTIONAL WHOLE-COMPOUND UPSIDE. Only if the seller sells both 3306 and 3300 (0.5784 ac, 196.51' frontage) can the combined land be split into two conforming RM-2 lots.

7. Subdivision & Lot-Split Potential

Development TrackFeasibility StatusRegulatory & Dimensional Basis
Standalone Lot Split (3306 Weeping Willow Only)NOT PERMITTED (1 Lot Max)At 7,522.29 sq ft (0.1727 ac) and 51.47 ft frontage, the parcel is below RM-2's 10,000 sq ft / 75 ft single-lot standard and cannot be further subdivided (20,000 sq ft and 150 ft frontage required for 2 RM-2 lots).
Track 1: 1-Lot Build w/ 23.53' Boundary Line Adjustment (BLA)PERMITTED BY-RIGHT (RECOMMENDED)Administrative recombination plat with seller's adjoining 3300 Weeping Willow Dr NW (17,674.74 sq ft) transfers 2,478 sq ft (23.53' width), making 3306 a 10,000 sq ft (75.0' × 144.95') conforming RM-2 lot and leaving 3300 with 15,197 sq ft (121.51' frontage).
Track 2: 1-Lot Build on Existing 7,522 Sq Ft Parcel (§13.1.2.A)PERMITTED (LOT OF RECORD ZCP)Pre-2000 tax parcel (P/O Lot 12, PB 7/34); once conveyed into separate ownership from 3300 Weeping Willow, CDO §13.1.2.A.1–3 allows 1 single-family detached home with 31.47' × 94.95' (std) or 36.47' × 107.45' (25% admin reduction) envelope.

8. HOA, Deed Restrictions & Builder Requirements


9. Buildability Assessment


10. Topography and Slope Analysis

Cabarrus County GIS Topography (2-Ft Contours) & Boundary Measurements Map

Cabarrus County GIS Topography and Measurements Map

Cabarrus County GIS 2-Foot Contour Screening (opendata/MapServer/10) & USGS 3DEP Sampling

Direct spatial intersection with Cabarrus County's official 2-foot elevation contour layer (Interval = 2 ft) and USGS 3DEP 5-point cardinal elevation sampling reveals:


11. Floodplain Analysis


12. Wetlands and Environmental Constraints


13. Utilities & Infrastructure Analysis

Utility / ServiceProvider / AgencyVerified Status, Fee Schedule & Notes
Public WaterCity of Concord Water ResourcesInside CITY OF CONCORD municipal service district. Published FY24-25 3/4" residential connection = $3,030.00/lot ($1,632.00 SDF + $1,134.00 city installation + $264.00 meter).
Sanitary SewerCity of Concord Wastewater UtilitiesInside municipal service district. Published FY24-25 4" residential sewer connection = $2,159.00/lot ($1,159.00 SDF + $1,000.00 4" lateral installation).
Combined City Tap + SDF FeesCity of Concord Customer Care$5,189.00 total for 1 single-family infill residence ($3,030 water + $2,159 wastewater).
ElectricityDuke Energy CarolinasActive overhead electric distribution lines along Weeping Willow Dr NW frontage.
Natural GasPiedmont Natural GasNatural gas service active in the Weeping Willow Dr NW / Rock Hill Church Rd corridor.
Telecommunications / FiberSpectrum / AT&T FiberHigh-speed broadband cable and fiber-optic internet available at street.
Fire & Municipal InspectionsConcord Fire Dept (ISO Class 1)Highest possible municipal fire rating (ISORating: 1). Assigned Concord inspectors: David Carden (Building/Plumbing) & Mike Cox (Electrical/Mechanical).

14. Road Access and Frontage

Cabarrus County GIS Parcel Boundary Measurements Map

Cabarrus County GIS Parcel Measurements

Primary Boundary Faces Summary (NC State Plane WKID 102719 / 2264)

Cabarrus County GIS native State Plane cadastral records (DataExplorerSearch/MapServer/2, PIN14: 56113153910000) define the 3306 Weeping Willow Dr NW boundary polygon with 4 straight segments (5 vertices), forming a clean rectangle with 51.47 ft of southern road frontage along Weeping Willow Drive NW, a 145.21-ft western side line, a 52.37-ft northern rear line, and a 144.70-ft eastern side line:

Boundary FaceVertex Span (NC State Plane Feet)Total Length (Ft)Compass BearingAdjoining Parcel & Context
1. South Road Frontage (Weeping Willow Dr NW)v0 (1513629.37, 611252.37) → v1 (1513580.38, 611236.63) (1 straight segment)51.47 ft252.2° (W-SW)Direct paved public street frontage along Weeping Willow Dr NW (SEGID: 6907, City of Concord public R/W).
2. West Side Lot Linev1 (1513580.38, 611236.63) → v2 (1513532.25, 611373.63) (1 straight segment)145.21 ft340.6° (N-NW)Adjoins Lot 11 (3312 Weeping Willow Dr NW, PIN14: 56113152280000, 0.335 ac, $182,370 MV).
3. North Rear Boundary Linev2 (1513532.25, 611373.63) → v3 (1513582.25, 611389.19) (1 straight segment)52.37 ft72.7° (E-NE)Backs to Lots 15 & P/O 17 (PIN14: 56113154550000, Lisa Coleman Hinson, 0.561 ac, $152,250 MV).
4. East Side Lot Line (Common Owner)v3 (1513582.25, 611389.19) → v4 (1513629.37, 611252.37) (1 straight segment)144.70 ft161.0° (S-SE)Adjoins Seller's Homestead (3300 Weeping Willow Dr NW, PIN14: 56113163530000, 0.406 ac, $190,050 MV).
Total Perimeter / Area4 Straight Segments (5 Vertices)393.74 ft—7,522.29 Sq Ft (0.1727 Acres) · 51.47 Ft Paved Public Street Frontage

15. School and Location Analysis

Assigned Public Schools (Cabarrus County Schools District — Verified via Firecrawl & Perplexity SPACE)

3306 Weeping Willow Dr NW is assigned to one of Cabarrus County's highest-demand public school feeder clusters (Boger ES → Northwest Cabarrus MS → West Cabarrus HS):

Regional Commuting & Lifestyle Hubs (Google Maps Road Driving)


16. Location Intelligence & Demographics (VestMap Engine)

County GIS Cadastral & Aerial Context Map

County GIS Parcel Map


17. Market Analysis & Supply Dynamics

Northwest Concord / Weeping Willow Corridor New-Construction Supply & Absorption Profile (2025-11-04 to 2026-11-04)

Across the trailing 365-day window (November 4, 2025 through November 4, 2026), exactly 125 verified 2025–2026 new-construction building sales closed within 6.0 Google Maps road driving miles of 3306 Weeping Willow Dr NW (out of 771 raw multi-platform records pulled, 609 routed, and 338 within 6.0 driving miles prior to trailing 1-year and CAMA verification):

Product Segment (Sold 2025-11-04 to 2026-11-04 · 0–6.0 Driving Mi)Closed CompsPrice RangeAverage (Mean) ARVAvg Heated SqFtAvg $/SqFt
Single-Family Detached (P By-Right in RM-2)35 Comps$150,000 – $850,917$376,1541,580 sq ft$236/sq ft
Townhouse / Single-Family Attached (Cluster/PRD in RM-2)89 Comps$199,900 – $425,000$321,2951,659 sq ft$194/sq ft
Duplex Structure · 2 Units (1.5× Lot per §7.7.4-F in RM-2)1 Comp$522,000 – $522,000$522,0002,610 sq ft$200/sq ft
Triplex Structure (Cluster/PRD in RM-2)0 Comps0 Comps / N/A0 Comps / N/A——
All RM-2 Zoning-Permitted New Construction (N = 125)125 Comps$150,000 – $850,917$338,2611,645 sq ft$205/sq ft

A. Successful Inventory in the Market — What IS Good to Build & Why It Sells Fast

  1. Mid-Sized Two-Story Single-Family Detached Infill (1,500–2,000 Sq Ft · 3–4 Bed / 2.5 Bath · $355,000–$425,000 Exit @ $211–$271/Sq Ft) — #1 BEST PRODUCT TO BUILD:
  2. Whole-Compound 2-Lot Replat (If Seller Includes 3300 Weeping Willow Dr NW):

B. Saturated & Unfeasible Inventory in the Market — What is NOT Good to Build in This Area & Why It Fails

  1. Attached Townhomes / Condos (1,338–1,839 Sq Ft · $199,900–$425,000) — HEAVILY SATURATED & NOT PERMITTED ON A SINGLE INFILL LOT (DO NOT BUILD):
  2. Large Luxury / Executive Single-Family Homes (2,800–3,500+ Sq Ft · $600,000–$850,917) — UNFEASIBLE FOR THIS STREETSCAPE (DO NOT OVERBUILD):
  3. Sub-1,000 Sq Ft Micro-Homes (875–955 Sq Ft · $220,350–$225,000 e.g. 155 Corban Ave SW & 341 Broad Dr SW):

18. Interest Rate & Financing Environment


19. Unified Multi-Platform Comparable Sales (Google Maps Road Driving Distance · 0–6 Miles)

Zoning & Permitted-Use Basis (Mandatory Rule Applied). The subject parcel is zoned RM-2 (Residential Medium Density) by the City of Concord. In strict accordance with the zoning underwriting mandate, comparable sales are evaluated across all residential housing types permitted in the RM-2 framework (Single-Family Detached/Modular = P by right; Duplex = PS on 1.5× lots per Table 7.6.2-A Note & §7.7.4-F; Townhouse & Triplex via §7.7.3 cluster/PRD subdivision), reconciled against official Cabarrus County CAMA UseCode classifications (0100 Single-Family, 0300/0309 Condo/Townhome, 0562 Duplex), while non-permitted uses (Quadplex, Multi-Family Apartments, and Manufactured Homes outside MH overlay) are explicitly excluded.

All comparable sales are evaluated strictly by actual Google Maps road driving distance and whole travel minutes from 3306 Weeping Willow Dr NW, Concord, NC 28027 across the exact trailing 1-year rolling window from last year on today's date (2025-11-04) all the way up to today (2026-11-04). Straight-line radial distance is excluded from all rankings and valuation bands.

Concentric Driving Distance Comparison (0–1 Mi vs. 0–3 Mi vs. 0–6 Mi Driving · All Permitted Types)

Metric0 to 1.0 Driving Mile0 to 3.0 Driving Miles0 to 6.0 Driving Miles
Verified Comps — Trailing 1-Yr (2025-11-04–2026-11-04)6 Comps70 Comps125 Comps (100% in trailing 12 mos)
Housing Types Present in Band6 Single-Family (0 Townhouse)12 Single-Family, 58 Townhouse35 Single-Family, 89 Townhouse, 1 Duplex
Google Maps Driving Distance Range0.10 mi to 0.90 mi driving0.10 mi to 2.70 mi driving0.10 mi to 6.00 mi driving
Google Maps Drive Time1 min to 3 min driving1 min to 7 min driving1 min to 15 min driving
Price Range (Trailing 1-Yr Registry)$425,000 – $850,917$150,000 – $850,917$150,000 – $850,917
Average (Mean) Sale Price / ARV$662,570$355,254$338,261
Average Price / Sq Ft$251 / sq ft$204 / sq ft$205 / sq ft
Average Heated Living Area2,651 sq ft1,715 sq ft1,645 sq ft
Closest Verified Comp3301 Eva Dr NW, Concord, NC 28027 (0.10 mi · 1 min · $425,000)3301 Eva Dr NW, Concord, NC 28027 (0.10 mi · 1 min · $425,000)3301 Eva Dr NW, Concord, NC 28027 (0.10 mi · 1 min · $425,000)
Submarket Product TierEva Dr Infill ($425k) & Red Hill ($650k–$851k)NW Concord, Piper Landing & Country AcresGreater Concord & West Kannapolis (28027/28025)

Valuation Policy Note: In accordance with institutional underwriting guidelines, Average (Mean) ARV is used throughout this report — Median is never used — and land valuation is derived from the unified 8%–15% of Average ARV rule.


Master Unified Driving Comps Registry (All 125 Completed 2025–2026 Comps Sold 2025-11-04 to 2026-11-04 · Closest to Farthest by Google Maps)

Below is the complete, unabridged master table of all 125 verified 2025–2026 new-construction comparable sales closed between 2025-11-04 and 2026-11-04 within 6.0 Google Maps road driving miles, ordered strictly from closest (#1 at 0.10 mi · 1 min) to farthest (#125 at 6.00 mi · 15 min):

#Google Maps DistanceDrive TimeRoute viaProperty AddressRM-2 Permitted Housing TypeHeated SqFtYear BuiltSold DateSold Price$/SqFtPlatform Sources
10.10 mi1 minWeeping Willow Dr NW and Albany Dr NW3301 Eva Dr NW, Concord, NC 28027Single-Family1,56820262026-10-05$425,000$271Zillow + Redfin
20.80 mi2 minLucky Dr NW423 Lucky Dr, Concord, NC 28027Single-Family3,11520252026-06-16$675,000$217Zillow
30.90 mi3 minLucky Dr NW2573 Red Hill St NW, Concord, NC 28027Single-Family2,98720262026-06-29$850,917$285Zillow + Redfin
40.90 mi3 minLucky Dr NW2591 Cornelius Pl NW, Concord, NC 28027Single-Family3,07120252026-10-05$689,500$225Zillow
50.90 mi3 minLucky Dr NW2565 Red Hill St NW, Concord, NC 28027Single-Family—20262026-08-19$685,000—Zillow + Redfin
60.90 mi3 minLucky Dr NW2574 Red Hill St NW, Concord, NC 28027Single-Family2,51620252026-09-08$650,000$258Zillow
71.30 mi3 minEva Dr NW205 Cliffwood Street Nw Unitc #3, Concord, NC 28027Townhouse1,33820252026-07-22$253,000$189Zillow
81.40 mi4 minEva Dr NW245 Cliffwood St NW #14-D, Concord, NC 28027Townhouse1,33820252026-07-30$245,000$183Zillow
91.40 mi4 minEva Dr NW335 Cliffwood St NW Unit 25-E, Concord, NC 28027Townhouse1,33820262026-10-23$214,900$161Zillow
101.40 mi4 minEva Dr NW225 Cliffwood St NW #E-10, Concord, NC 28027Townhouse1,33820252026-10-15$202,798$152Zillow
111.40 mi4 minEva Dr NW315 Cliffwood St NW Unit 17, C Concord, NC 28027Townhouse1,33820262026-10-22$199,900$149Zillow
121.40 mi4 minEva Dr NW355 Cliffwood St NW Unit 28, C Concord, NC 28027Townhouse1,33820262026-10-23$199,900$149Zillow
131.70 mi5 minEva Dr NW591 Central Dr NW, Concord, NC 28027Single-Family1,68520262026-10-01$355,000$211Zillow + Redfin
141.70 mi5 minEva Dr NW587 Central Dr NW, Concord, NC 28027Single-Family1,35320262026-06-26$330,000$244Zillow
151.90 mi5 minEva Dr NW73 Lake Dr NW, Concord, NC 28027Single-Family1,43520262026-10-19$330,000$230Zillow + Redfin
162.20 mi5 minPoplar Tent Rd5306 Grand Canyon Rd NW, Concord, NC 28027Single-Family—20262026-06-24$150,000—Zillow
172.20 mi6 minRock Hill Church Rd2688 Yeager Dr NW, Concord, NC 28027Townhouse1,78720262026-08-10$371,000$208Zillow
182.20 mi6 minRock Hill Church Rd2696 Yeager Dr NW, Concord, NC 28027Townhouse1,78720262026-08-11$371,000$208Zillow + Redfin
192.20 mi6 minRock Hill Church Rd2701 Yeager Dr NW, Concord, NC 28027Townhouse1,78720262026-10-27$371,000$208Zillow + Redfin
202.20 mi6 minRock Hill Church Rd757 Lock Haven Dr NW, Concord, NC 28027Townhouse1,83920252025-12-18$370,000$201Zillow
212.20 mi6 minRock Hill Church Rd2708 Yeager Dr NW, Concord, NC 28027Townhouse1,78720262026-06-26$367,000$205Zillow + Redfin
222.20 mi6 minRock Hill Church Rd2720 Yeager Dr NW, Concord, NC 28027Townhouse1,78420262026-05-21$363,000$203Zillow + Redfin
232.20 mi6 minRock Hill Church Rd2712 Yeager Dr NW, Concord, NC 28027Townhouse1,78720262026-05-19$363,000$203Zillow
242.20 mi6 minRock Hill Church Rd767 Lock Haven Dr NW, Concord, NC 28027Townhouse1,80020252025-12-19$355,000$197Zillow
252.20 mi6 minRock Hill Church Rd2718 Yeager Dr NW, Concord, NC 28027Townhouse1,66620262026-07-16$334,000$200Zillow + Redfin
262.20 mi6 minRock Hill Church Rd747 Lock Haven Dr NW, Concord, NC 28027Townhouse1,60120252025-12-19$333,000$208Zillow
272.20 mi6 minRock Hill Church Rd2690 Yeager Dr NW, Concord, NC 28027Townhouse1,68820252026-08-20$333,000$197Zillow
282.20 mi6 minRock Hill Church Rd763 Lock Haven Dr NW, Concord, NC 28027Townhouse1,66620252025-12-30$330,000$198Zillow
292.20 mi6 minRock Hill Church Rd2716 Yeager Dr NW, Concord, NC 28027Townhouse1,66620262026-06-29$329,500$198Zillow + Redfin
302.20 mi6 minRock Hill Church Rd745 Lock Haven Dr NW, Concord, NC 28027Townhouse1,66620252026-01-27$328,000$197Zillow
312.20 mi6 minRock Hill Church Rd761 Lock Haven Dr NW, Concord, NC 28027Townhouse1,60320252026-03-10$327,000$204Zillow
322.20 mi6 minRock Hill Church Rd765 Lock Haven Dr NW, Concord, NC 28027Townhouse1,60320252026-02-24$327,000$204Zillow
332.20 mi6 minRock Hill Church Rd749 Lock Haven Dr NW, Concord, NC 28027Townhouse1,76120252025-11-14$327,000$186Zillow
342.20 mi6 minRock Hill Church Rd751 Lock Haven Dr NW, Concord, NC 28027Townhouse1,60120252025-12-15$325,000$203Zillow
352.20 mi6 minRock Hill Church Rd759 Lock Haven Dr NW, Concord, NC 28027Townhouse1,66620252026-01-14$325,000$195Zillow + Redfin
362.20 mi6 minRock Hill Church Rd2692 Yeager Dr NW, Concord, NC 28027Townhouse1,66620262026-09-22$325,000$195Zillow + Redfin
372.40 mi5 minPoplar Tent Rd214 Arizona Pl NW, Concord, NC 28027Single-Family1,48520262026-07-28$289,900$195Zillow
382.40 mi6 minEva Dr NW775 Kitfox Dr NW, Concord, NC 28027Townhouse1,78720252026-02-17$375,000$210Zillow + Redfin
392.40 mi6 minEva Dr NW776 Kitfox Dr NW, Concord, NC 28027Townhouse1,83920252026-02-27$372,000$202Zillow + Redfin
402.40 mi6 minEva Dr NW779 Kitfox Dr NW, Concord, NC 28027Townhouse1,78720262026-09-28$371,000$208Zillow + Redfin
412.40 mi6 minEva Dr NW818 Earhart St NW, Concord, NC 28027Townhouse1,78720252026-04-23$367,000$205Zillow
422.40 mi6 minEva Dr NW785 Kitfox Dr NW, Concord, NC 28027Townhouse1,78720252026-09-09$367,000$205Zillow
432.40 mi6 minEva Dr NW834 Earhart St NW, Concord, NC 28027Townhouse1,78720262026-06-11$363,000$203Zillow
442.40 mi6 minEva Dr NW808 Earhart St NW, Concord, NC 28027Townhouse1,78720262026-04-10$363,000$203Zillow + Redfin
452.40 mi6 minEva Dr NW767 Kitfox Dr NW, Concord, NC 28027Townhouse1,78720252026-03-31$357,990$200Zillow
462.40 mi6 minEva Dr NW761 Kitfox Dr NW, Concord, NC 28027Townhouse1,82720252025-11-25$355,000$194Zillow
472.40 mi6 minEva Dr NW812 Earhart St NW, Concord, NC 28027Townhouse1,66620262026-05-20$334,000$200Zillow + Redfin
482.40 mi6 minEva Dr NW755 Kitfox Dr NW, Concord, NC 28027Townhouse1,60320252025-12-10$333,000$208Zillow + Redfin
492.40 mi6 minEva Dr NW830 Earhart St NW, Concord, NC 28027Townhouse1,66620262026-07-23$333,000$200Zillow + Redfin
502.40 mi6 minEva Dr NW771 Kitfox Dr NW, Concord, NC 28027Townhouse1,66620252026-05-26$332,000$199Zillow + Redfin
512.40 mi6 minEva Dr NW810 Earhart St NW, Concord, NC 28027Townhouse1,60320262026-06-16$332,000$207Zillow
522.40 mi6 minEva Dr NW816 Earhart St NW, Concord, NC 28027Townhouse1,66620262026-06-18$331,000$199Zillow
532.40 mi6 minEva Dr NW826 Earhart St NW, Concord, NC 28027Townhouse1,60320262026-07-28$330,500$206Zillow + Redfin
542.40 mi6 minEva Dr NW832 Earhart St NW, Concord, NC 28027Townhouse1,66620262026-07-28$329,000$197Zillow + Redfin
552.40 mi6 minEva Dr NW828 Earhart St NW, Concord, NC 28027Townhouse1,66620262026-08-19$329,000$197Zillow
562.40 mi6 minEva Dr NW754 Kitfox Dr NW, Concord, NC 28027Townhouse1,60320252025-12-30$328,000$205Zillow
572.40 mi6 minEva Dr NW752 Kitfox Dr NW, Concord, NC 28027Townhouse1,66620252025-12-05$328,000$197Zillow + Redfin
582.40 mi6 minEva Dr NW758 Kitfox Dr NW, Concord, NC 28027Townhouse1,60320252025-12-22$328,000$205Zillow
592.40 mi6 minEva Dr NW759 Kitfox Dr NW, Concord, NC 28027Townhouse1,60320252026-01-23$328,000$205Zillow
602.40 mi6 minEva Dr NW773 Kitfox Dr NW, Concord, NC 28027Townhouse1,60120252026-02-19$328,000$205Zillow
612.40 mi6 minEva Dr NW768 Kitfox Dr NW, Concord, NC 28027Townhouse1,68820252026-01-21$327,000$194Zillow
622.40 mi6 minEva Dr NW770 Kitfox Dr NW, Concord, NC 28027Townhouse1,60120252026-02-12$327,000$204Zillow
632.40 mi6 minEva Dr NW774 Kitfox Dr NW, Concord, NC 28027Townhouse1,60120252026-02-27$327,000$204Zillow
642.40 mi6 minEva Dr NW814 Earhart St NW, Concord, NC 28027Townhouse1,60320262026-07-22$327,000$204Zillow
652.40 mi6 minEva Dr NW769 Kitfox Dr NW, Concord, NC 28027Townhouse1,60320252026-04-14$324,945$203Zillow + Redfin
662.50 mi7 minEva Dr NW and McGill Ave NW75 Ash Ave NW, Concord, NC 28025Single-Family1,40020262026-06-30$310,000$221Zillow
672.50 mi7 minEva Dr NW and McGill Ave NW227 Kerr St NW, Concord, NC 28025Townhouse1,45620252026-03-10$270,000$185Zillow
682.50 mi7 minEva Dr NW and McGill Ave NW225 Kerr St NW, Concord, NC 28025Townhouse1,45620252026-03-03$270,000$185Zillow
692.70 mi7 minPoplar Tent Rd443 Beacon St NW, Concord, NC 28027Townhouse1,82020252026-05-15$425,000$234Zillow
702.70 mi7 minPoplar Tent Rd439 Beacon St NW, Concord, NC 28027Townhouse1,85820252025-12-05$425,000$229Zillow
713.20 mi9 minEva Dr NW and US-29 N/US-601 N/Concord Pkwy N249 Bellhaven Pl NW, Concord, NC 28027Single-Family1,19920262026-06-08$295,000$246Zillow
723.20 mi9 minEva Dr NW and McGill Ave NW180 May St NE, Concord, NC 28025Single-Family1,23220262026-10-28$289,900$235Zillow
733.20 mi9 minEva Dr NW and US-29 N/US-601 N/Concord Pkwy N274 Bellhaven Pl NW, Concord, NC 28027Single-Family1,41620262026-06-26$282,500$200Zillow + Redfin
743.40 mi8 minEva Dr NW and US-601 S721 Old Charlotte Rd SW, Concord, NC 28027Single-Family1,15820262026-08-04$299,000$258Zillow
753.50 mi9 minEva Dr NW and Central Dr NW104 Maple Ave NW, Concord, NC 28027Duplex2,61020262026-07-29$522,000$200Zillow + Redfin
763.60 mi9 minEva Dr NW and US-601 S101 Swink St SW, Concord, NC 28027Single-Family1,33620262026-10-05$290,000$217Zillow
773.60 mi10 minEva Dr NW and McGill Ave NW53 Young Ave, Concord, NC 28025Single-Family1,43520262026-10-20$260,000$181Zillow
783.60 mi10 minEva Dr NW and Kerr St NW155 Corban Ave SW, Concord, NC 28025Single-Family87520262026-09-16$225,000$257Zillow + Redfin
793.70 mi11 minEva Dr NW169 Georgia St SW, Concord, NC 28025Single-Family1,40020262026-09-30$309,900$221Zillow
803.80 mi11 minEva Dr NW289 Hilltop Ave SW, Concord, NC 28025Single-Family1,51620252026-07-06$299,500$198Zillow
813.90 mi11 minEva Dr NW and McGill Ave NW247 Patterson Ave SE, Concord, NC 28025Single-Family1,38920262026-09-03$330,000$238Zillow
823.90 mi11 minEva Dr NW, McGill Ave NW and Spring St NW220 Lincoln St SW, Concord, NC 28025Single-Family1,16220262026-06-15$299,500$258Zillow
833.90 mi11 minEva Dr NW, McGill Ave NW and Spring St NW400 Lincoln St SW, Concord, NC 28025Single-Family1,45620262026-09-02$289,900$199Zillow
844.10 mi11 minEva Dr NW, McGill Ave NW and Spring St NW341 Broad Dr SW, Concord, NC 28025Single-Family95520252026-06-30$220,350$231Zillow
854.40 mi10 minUS-601 S664 Jackson Ter SW, Concord, NC 28027Single-Family1,36620262026-09-17$350,000$256Zillow
864.40 mi10 minUS-601 S668 Jackson Ter SW, Concord, NC 28027Single-Family1,36620262026-10-08$350,000$256Zillow
874.40 mi10 minUS-601 S712 Jackson Ter SW, Concord, NC 28027Single-Family1,46020262026-10-13$345,000$236Zillow
884.90 mi12 minUS-29 N/US-601 N/Concord Pkwy N586 Wilhelm Pl NE, Concord, NC 28025Single-Family1,60220262026-09-02$469,000$293Zillow
894.90 mi12 minUS-29 N/US-601 N/Concord Pkwy N580 Wilhelm Pl NE, Concord, NC 28025Single-Family1,60220262026-08-14$465,000$290Zillow + Redfin
905.00 mi13 minCentral Dr NW2505 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120252026-01-16$339,990$192Zillow
915.00 mi13 minCentral Dr NW2445 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120252025-12-15$334,990$189Zillow + Redfin
925.00 mi13 minCentral Dr NW2515 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120262026-06-25$332,990$188Zillow + Redfin
935.00 mi13 minCentral Dr NW2575 Hedgecliff Rd, Concord, NC 28025Townhouse—20252026-06-15$325,000—Zillow
945.00 mi13 minCentral Dr NW2470 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120252025-11-21$325,000$184Zillow
955.00 mi13 minCentral Dr NW2535 Hedgecliff Rd, Concord, NC 28025Townhouse1,70420262026-05-29$324,990$191Zillow + Redfin
965.00 mi13 minCentral Dr NW2475 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120252026-03-26$319,990$181Zillow
975.00 mi13 minCentral Dr NW2545 Hedgecliff Rd, Concord, NC 28025Townhouse1,77120262026-10-22$319,990$181Zillow
985.00 mi13 minCentral Dr NW2525 Hedgecliff Rd, Concord, NC 28025Townhouse1,70420262026-07-31$317,990$187Zillow
995.00 mi13 minCentral Dr NW2565 Hedgecliff Rd, Concord, NC 28025Townhouse1,70420262026-09-18$309,990$182Zillow
1005.10 mi13 minCentral Dr NW123 Piedmont Dr, Kannapolis, NC 28081Single-Family1,40920262026-09-18$355,000$252Zillow
1015.10 mi13 minCentral Dr NW3030 Big Bend Dr, Concord, NC 28025Townhouse1,77120252025-12-19$349,990$198Zillow
1025.10 mi13 minCentral Dr NW3000 Big Bend Dr, Concord, NC 28025Townhouse1,77120252026-07-01$329,990$186Zillow
1035.10 mi13 minCentral Dr NW3025 High Bluff St, Concord, NC 28025Townhouse—20252026-06-24$323,000—Zillow
1045.10 mi13 minCentral Dr NW3115 Big Bend Dr, Concord, NC 28025Townhouse1,77120252026-04-27$319,990$181Zillow + Redfin
1055.10 mi13 minCentral Dr NW3060 Big Bend Dr, Concord, NC 28025Townhouse1,68120252026-05-20$314,990$187Zillow
1065.10 mi13 minCentral Dr NW3010 Big Bend Dr, Concord, NC 28025Townhouse1,68120252026-02-17$312,990$186Zillow
1075.10 mi13 minCentral Dr NW3145 Big Bend Dr, Concord, NC 28025Townhouse1,77120252026-03-10$310,000$175Zillow + Redfin
1085.10 mi13 minCentral Dr NW3020 Big Bend Dr, Concord, NC 28025Townhouse1,68120252026-06-16$309,990$184Zillow + Redfin
1095.10 mi13 minCentral Dr NW3135 Big Bend Dr, Concord, NC 28025Townhouse1,77120252026-05-19$309,990$175Zillow + Redfin
1105.10 mi13 minCentral Dr NW3125 Big Bend Dr, Concord, NC 28025Townhouse1,70420252026-04-10$309,990$182Zillow + Redfin
1115.10 mi13 minCentral Dr NW3045 High Bluff St, Concord, NC 28025Townhouse—20252026-06-25$300,000—Zillow
1125.10 mi13 minCentral Dr NW3015 High Bluff St, Concord, NC 28025Townhouse1,70420262026-06-16$299,990$176Zillow + Redfin
1135.10 mi13 minCentral Dr NW3050 Big Bend Dr, Concord, NC 28025Townhouse1,68120252026-05-20$299,990$178Zillow
1145.10 mi13 minCentral Dr NW3095 Big Bend Dr, Concord, NC 28025Townhouse1,68120252026-01-14$289,990$173Zillow
1155.10 mi13 minCentral Dr NW3155 Big Bend Dr, Concord, NC 28025Townhouse1,70420252026-02-18$289,990$170Zillow + Redfin
1165.20 mi12 minUS-601 S355 Melrose Dr SW #A, Concord, NC 28025Townhouse1,40620252026-01-16$265,000$188Zillow
1175.20 mi12 minUS-601 S336 A Lincoln St, Concord, NC 28025Single-Family1,40520252026-04-21$260,000$185Zillow + Redfin
1185.20 mi12 minUS-601 S336 Lincoln St #F, Concord, NC 28025Townhouse1,40520252026-06-26$245,000$174Zillow
1195.20 mi12 minUS-601 S344 Lincoln St #E, Concord, NC 28025Townhouse1,40520252026-10-22$245,000$174Zillow
1205.30 mi12 minWinecoff School Rd675 Fisher St, Concord, NC 28027Single-Family1,55120262026-07-31$360,000$232Zillow + Redfin
1215.30 mi12 minUS-601 S330 Malvern Ave SW #B, Concord, NC 28025Townhouse1,40620252026-03-31$235,000$167Zillow
1225.50 mi12 minUS-601 S228 Hillside Ave SW, Concord, NC 28025Single-Family1,76620262026-09-28$405,000$229Zillow
1235.80 mi15 minUS-29 N1013 Kansas St Unit A, Kannapolis, NC 28083Townhouse1,29020252025-11-10$281,000$218Zillow
1246.00 mi14 minUS-29A117 Triece St, Kannapolis, NC 28081Single-Family1,45920262026-10-09$375,510$257Zillow + Redfin
1256.00 mi15 minUS-29 N912 Rhode Island Ave, Kannapolis, NC 28083Townhouse—20252026-07-30$275,000—Zillow

20. Development Cost Considerations

Estimated horizontal site preparation, City of Concord utility tap/SDF connections, Boundary Line Adjustment (BLA) / survey costs, and soft costs to prepare 3306 Weeping Willow Dr NW (0.1727 Acres) for vertical residential construction:

Development ComponentEstimated Cost (1 Infill Lot)Cost Basis & Source Verification
City of Concord 3/4" Water Tap, Meter & SDF$3,030City of Concord FY24-25 Fee Schedule: $1,632.00 Single-Family SDF + $1,134.00 installation + $264.00 3/4" meter.
City of Concord 4" Wastewater Tap & SDF$2,159City of Concord FY24-25 Fee Schedule: $1,159.00 Single-Family Wastewater SDF + $1,000.00 4" service installation.
Light Clearing, Stripping & Stem-Wall Pad Grading$5,500Parcel is already open grass lawn with border trees; grading across moderate 12.0-ft (8.3%) relief.
Concrete Driveway Apron, Culvert & Turnaround$5,000Concrete driveway connecting Weeping Willow Dr NW public R/W to front-entry 2-car garage.
Boundary Survey, BLA Recombination Plat & ZCP$4,500Survey + administrative Boundary Line Adjustment (BLA) plat or §13.1.2.A ZCP + Cabarrus/Concord building permits.
Erosion Control, Silt Fencing & Swale Drainage$3,500Silt fencing, construction entrance, and side-yard swale directing sheet flow toward street storm drainage.
Total Horizontal Site Prep, Utility Taps & Soft Costs$23,689All-in 1-lot horizontal budget ($5,189 City of Concord utility taps + $18,500 site/survey/permits).

21. Highest and Best Use


22. Land Valuation (Google Maps Driving Distance Impact: 0–1 Mi vs. 0–3 Mi vs. 0–6 Mi)

In strict accordance with the Empty Driving Band Accuracy Rule, where a permitted housing type has zero comps in a specific distance band, the cell prints 0 Comps / N/A and never borrows a range from another band. Uses not permitted by right in the RM-2 district print Not a permitted use. Because 3306 Weeping Willow Dr NW (7,522.29 sq ft, 51.47 ft × 144.95 ft) supports 1 Single-Family Lot (and cannot be split into 2 lots on a standalone basis), the unified 8%–15% of Average ARV matrix is presented below:

Development Use0 to 1.0 Driving Mile Tier0 to 3.0 Driving Miles Tier0 to 6.0 Driving Miles Tier
1 Single-Family Lot (8%-15% of Average ARV)$53,006 – $99,386 (N=6)$38,269 – $71,754 (N=12)$30,092 – $56,423 (N=35)
1 Duplex Structure · 2 Units (8%-15% of Average ARV)0 Comps / N/A0 Comps / N/A$41,760 – $78,300 (N=1)
1 Townhome Unit (8%-15% of Average ARV)0 Comps / N/A$26,383 – $49,467 (N=58)$25,704 – $48,194 (N=89)
1 Triplex Structure (8%-15% of Average ARV)0 Comps / N/A0 Comps / N/A0 Comps / N/A
1 Quadplex Structure (8%-15% of Average ARV)Not a permitted useNot a permitted useNot a permitted use
Multi-Family Building Pad (Not Permitted in RM-2)Not a permitted useNot a permitted useNot a permitted use
1 Mobile/Modular Unit (MH Overlay Required for Manuf.)Not a permitted useNot a permitted useNot a permitted use

Zero-Comp & Permitted Use Disclosures:

Valuation Synthesis vs. Local Vacant-Lot Comps & Assessed Tax Value ($48,000 Land / Market Value):

Valuation BenchmarkIndicated Land Value Range% of 0–6 Mi SF Avg ARV ($376,154)Underwriting Context
8%–15% Rule — 0–6 Mi SF Band (1 Lot, N=35)$30,092 – $56,4238.0% – 15.0%Anchored on 35 verified SF new builds ($376,154 Avg ARV, $236/sq ft)
8%–15% Rule — Immediate #1 Comp (3301 Eva Dr $425k)$34,000 – $63,7509.0% – 16.9%8%–15% of #1 comp (3301 Eva Dr NW, 0.10 mi away, $425,000 / $271/sq ft)
8%–15% Rule — 0–3 Mi SF Band (1 Lot, N=12)$38,269 – $71,75410.2% – 19.1%Blended 0–3 mi band ($478,360 Avg ARV incl. Red Hill & Country Acres)
8%–15% Rule — 0–1 Mi SF Band (1 Lot, N=6)$53,006 – $99,38614.1% – 26.4%Driven by 5 executive builds in Red Hill ($650k–$851k; Avg $662,570)
Verified Single-Lot Vacant Land Sales (N=21)$30,750 – $145,000 (Median $85,000)8.2% – 38.5%Actual 0–6 mi residential lot sales (755 Shasta St NW $45k at 2.1 mi, 242 Franklin Ave NW $53k at 2.8 mi, 0 McGill Ave NW $85k)
Subject County Tax Assessment (2026)$48,000 Land / $48,000 Total12.8%Prior assessment was $16,800; full 10,000+ sq ft RM-2 lots across street assessed at $60,000
  1. Across the street on Weeping Willow Dr NW, full-sized 10,000+ sq ft conforming RM-2 lots (3295, 3300, 3301, 3312 Weeping Willow Dr NW) are assessed by Cabarrus County at $60,000, whereas 3306 Weeping Willow Dr NW (7,522 sq ft, 51.47' wide) is assessed at $48,000 (80% of a standard lot, up from $16,800 in the prior tax cycle).
  2. The 0–6 mi Single-Family 8%–15% rule ($376,154 Avg ARV) indicates $30,092 – $56,423, while the immediate 0.10-mile infill comp (3301 Eva Dr NW at $425,000) indicates $34,000 – $63,750, and nearby infill vacant lot sales (755 Shasta St NW at $45,000, 242 Franklin Ave NW at $53,000) trade right at $45,000–$55,000.
  3. Wholesaler vs. Developer Pricing: A Land Wholesaler should lock up 3306 Weeping Willow Dr NW from Retha A. Coleman at $28,000 – $35,000 (almost double her prior $16,800 assessment, relieving her new $48,000 tax burden) and assign the contract to a local infill builder at $40,000 – $48,000 (or up to $50,000 – $55,000 if the seller includes the 23.53-ft Boundary Line Adjustment from 3300 Weeping Willow Dr NW).

23. Builder/Developer Profitability Analysis

Residual pro-forma modeling a 1,800 Sq Ft Two-Story Single-Family Infill Residence (30 ft × 50 ft footprint) on 3306 Weeping Willow Dr NW at $236.00/sq ft ARV ($425,000 gross exit, matching Comp #1 3301 Eva Dr NW 0.10 miles away) across three development execution models:

Pro-Forma Line ItemSpec Builder (Standard Spec)Custom Presale (Contract Build)Owner-Builder (Direct Build)Underwriting Notes
Projected Gross ARV (1,800 SF @ $236/SF)$425,000$425,000$425,000Anchored on 0–6 mi SF average ($236/sq ft) & Comp #1 3301 Eva Dr NW ($425k at 0.10 mi)
Land Acquisition Cost($42,000)($42,000)($42,000)Target purchase basis inside $30,092–$56,423 8%–15% SF band
Horizontal Site Prep, BLA/Survey & City Taps($23,689)($23,689)($23,689)Itemized horizontal budget from Section 20 ($5,189 Concord taps + $18.5k site/survey)
Vertical Construction ($135 / $126 / $115 per SF)($243,000)($226,800)($207,000)Hard construction cost (materials + trades for 1,800 SF 2-story home)
Architectural Plans, Engineering & Permits($8,000)($7,000)($6,000)Narrow-lot/infill house plans, structural stamp, Concord ZCP & building permits
Construction Loan Financing & Carry (9 Mos)($14,500)($10,000)($7,500)9-month spec construction draw vs. buyer-financed C2P loan
Broker Commissions & Closing Costs (5% / 3% / 0%)($21,250)($12,750)$05% spec listing commission vs. 3% presale vs. $0 owner-builder
Total Projected Project Cost$352,439$322,239$286,189All-in land, horizontal, vertical, soft, carry, and exit costs
Projected Net Developer Margin / Equity$72,561$102,761$138,811Net profit to builder / instant built-in equity to owner-builder
Return on Cost (ROC) / Margin %20.6%31.9%48.5%Exceeds institutional 15%–18% builder target across all 3 tracks

24. Risk Assessment

Risk CategorySeverity RatingFinding & Mitigation Strategy
RM-2 Lot Area (7,522 SF vs 10,000 SF) & Width (51.47' vs 75') + Common OwnershipMODERATEParcel is 7,522.29 sq ft (51.47' wide) in RM-2 (10,000 sq ft / 75' standard) and is currently owned by Retha A. Coleman, who also owns adjoining 3300 Weeping Willow Dr NW (17,674.74 sq ft). Mitigation: Make closing contingent on either (1) recording a 23.53-ft administrative Boundary Line Adjustment (BLA) with 3300 Weeping Willow Dr NW (100% conforming 10,000 sq ft / 75' lot), or (2) obtaining written City of Concord Zoning Clearance Permit (ZCP) confirmation under CDO §13.1.2.A (Nonconforming Lots of Record) upon severance into separate builder ownership.
Narrow-Lot Floor Plan Calibration (31.47' to 36.47' Envelope Width As-Is)LOW / MODERATEWithout a BLA, standard 10-ft RM-2 side setbacks leave a 31.47 ft buildable width (36.47 ft with §13.1.2.A.3 25% administrative yard reduction to 7.5 ft sides). Mitigation: Select a proven 28-to-30-ft-wide two-story infill floor plan (1,650–1,850 sq ft), or execute the 23.53-ft BLA to unlock a 55.00 ft buildable width.
Neighborhood Product Ceiling CalibrationLOWWhile Red Hill executive homes 0.8–0.9 mi away sell for $650k–$851k, immediate neighborhood infill (3301 Eva Dr NW at $425k and 3295–3301 Weeping Willow assessed at $335k–$383k) supports a $395,000–$435,000 exit. Mitigation: Underwrite a 1,750–1,850 sq ft home at $425,000, never a $650k+ overbuild.
Water / Sewer Lateral Stub VerificationLOWParcel is inside City of Concord municipal limits (Published Taps: $5,189). Mitigation: Request a formal Water/Wastewater Availability Letter from Concord Customer Care (704-920-5555) during due diligence.
Flood & Environmental RiskZERO RISK100% FEMA Zone X (0.0% SFHA across 36/36 grid samples), 0 mapped NWI wetlands on site, and 0 stream buffers.

25. Final Investment Recommendation

  1. Target Offer Range:
  2. Concord Planning Pre-Application Check (ZCP / BLA): During the 30-day study period, confirm with City of Concord Planning & Development Services (704-920-5152) either (a) administrative §13.1.2.A.2–3 Nonconforming Lot of Record ZCP approval (including the 25% side-yard reduction to 7.5 ft), or (b) administrative recombination plat approval shifting 23.53 ft from 3300 Weeping Willow Dr NW.
  3. Utility & Title Verification: Confirm water/sewer main locations along Weeping Willow Dr NW with Concord Water Resources and review Plat Book 7, Page 34 and Deed Book 14559, Page 0070.

26. Data Sources & Verification Ledger

  1. Cabarrus County GIS REST Services (Queried November 4, 2026):
  2. Multi-Platform MLS & Trailing 1-Year Closed Sales Registry (2025-11-04 to 2026-11-04):
  3. Municipal Ordinances, School Profiles & Fee Schedules: