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Surrounding Area <br />13 <br />Median household income is $39,867, which is lower than the household income for Cabarrus County. <br />Residents within a 3 -mile radius have a lower level of educational attainment than those of Cabarrus <br />County, while median owner occupied home values are considerably lower. <br />Compared to the Cabarrus County area as a whole, the local area has lower income levels. population <br />of the local area is declining. This is in contrast to the population of the Cabarrus County area, which is <br />growing as discussed previously. <br />Land Use <br />The area is suburban in character and approximately 75% developed. <br />Land uses immediately surrounding the subject are predominantly residential with typical ages of <br />building improvements ranging from 15 to 60 years. According to the City of Concord Planning <br />Department, the industrial zoning located across from the subject is an old zoning and the properties <br />have largely been converted into artists' studios. <br />Outlook and Conclusions <br />The area is in the stability stage of its life cycle. Recent development activity has been limited. We <br />anticipate that property values will remain stable in the near future. <br />Surrounding Area Map <br />The Glenn Center <br />it <br />Attachmen number 1 <br />H -5 Page 346 <br />. ndrk <br />73 <br />^s <br />�. WILLOW WOOD <br />Z <br />2�� <br />v <br />SUNCRESI <br />Branch <br />M <br />HOMESTEAD <br />�r� �� SHAMROCK CREEK <br />MOBILE HOME''PARK <br />McGill Ave NW <br />9 ' <br />PATRIOTS <br />LA NDING <br />REAL STREET <br />tt <br />�C <br />Gibson <br />y�'Ir <br />v <br />Ball <br />FORTH HISTORIC <br />2� <br />Perk <br />y� CONCORD <br />2C <br />DOWNTOWN <br />'CONCORD Corban Ave SE <br />.. <br />-, L.:.._.. <br />OLD CONCORD <br />r <br />MIDDLE <br />% PIA, �yv� <br />SCHOOL <br />\h /IrJ_Ci ;F: H <br />L Svmrte <br />College <br />College <br />SOUTH CORBAN <br />0 > <br />AVENUE SOUTH HISTORIC <br />c �c, <br />CONCORD <br />°. <br />BYP <br />ct ) <br />'rfS <br />L <br />Community at <br />l <br />the MISSOURI <br />CITY <br />The Glenn Center <br />it <br />Attachmen number 1 <br />H -5 Page 346 <br />