Date
Details
Price
Change
Source
7/29/2026
Listed
$1,499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,499,999 Just Listed
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Property 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.
Full Property Details
Full Property Details for 1356 Rainbow Dr
General
- Price: $1,499,999
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4408325
- Updated: 7/29/2026
- Added to Site: 1 day(s) ago
Location
- County: Cabarrus
- City Limits: Yes
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Unfinished
- Year Built: 1949
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 5613-08-5550-0000
- Lot Number: 6500-288
Listed by Premier Real Estate Team Inc.
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Listing agent
— 1356 Rainbow Dr —
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Schools
Schools serving 1356 Rainbow Dr
School District:Kannapolis City Schools
| Name | Grades | Distance |
|---|---|---|
Fred L Wilson Elementary 1401 Pine Street, Kannapolis, NC 28081 | K-5 | 0.4 mi |
Kannapolis Middle 1000 Virginia Dare Street, Kannapolis, NC 28081 | 6-8 | 2 mi |
A. L. Brown High School 415 Martin Luther King Junior Avenue, Kannapolis, NC 28083 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1356 Rainbow Dr
Tax History
Tax History for 1356 Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,806
—
$247,140
—
2024
$2,806
47%
$247,140
78%
2023
$1,906
—
$139,140
—
2022
$1,906
—
$139,140
—
2021
$1,906
—
$139,140
—
2020
$1,906
—
$139,140
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1356 Rainbow Dr
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 3Total Baths
Listed by Cathy Morrison Hunter (704) 968-7695
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1356 Rainbow Drive, Kannapolis, NC 28081 (MLS# 4408325) is a Commercial property. 1356 Rainbow Drive is currently listed for $1,499,999 and was received on July 29, 2026. Want to learn more about 1356 Rainbow Drive? Do you have questions about finding other Commercial real estate for sale in Kannapolis? You can browse all Kannapolis real estate or contact a Coldwell Banker agent to request more information.