Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    125 Lowrance Ave Kannapolis, NC 28081

    View on Map
    Sponsored
    For Sale
    $550,000

    MULTI_FAMILY - Kannapolis, NC

    Lot size:
    0.40 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 13 at 5:06 am

    Property Features for 125 Lowrance Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    GC
    Rooms
    Bathroom 3, Bedroom 4, Bathroom 5, Laundry Room, Bedroom 1, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    5613-52-9471-0000
    Parking features
    Garage - Attached, Driveway
    Lot size
    0.40 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Floors in Building
    2
    Number of units
    2
    Building materials
    Hardboard Siding

    We can help!

    Listing Contact
    Jenna Black

    Lantern Realty & Development (704) 258-8068

    Listing agent Jenna Black (704) 960-5591

    Listing date Mar 12, 2026

    MLS# 4355502 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Duplex in Kannapolis, NC

    This duplex in Kannapolis, NC, features mirrored image units. Each unit has a spacious open layout on the main level, extending to private back porches. Parking is facilitated by one-car garages and additional driveway space. Situated on a 0.4-acre lot, this property is zoned GC. It offers an opportunity for first-time homebuyers or investors. One unit is staged, showcasing its potential, while both are designed for modern living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.62588845
    Latitude
    35.47681312

    Nearby Similar for Sale

    • $685,000
      0.27 Acres

      Kannapolis Commercial Corner Lot

      High-traffic commercial corridor with excellent visibility and multiple uses.
      2960 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • $375,000
      0.50 Acres

      Cannon Blvd Retail Opportunity

      High-visibility location on Cannon Blvd with ample parking.
      1201 N Cannon Blvd, Kannapolis, NC 28083
      View Details
    • New
      $160,000
      0.18 Acres

      Kannapolis Commercial Space For Sale

      Commercial space in a super convenient location near N Cannon Blvd.
      811 Lakeview St, Kannapolis, NC 28083
      View Details
    • $235,000
      0.16 Acres

      Kannapolis Home with Commercial Potential

      Home suitable for light commercial/office use with updated features.
      2001 Lane St, Kannapolis, NC 28083
      View Details
    • New
      $529,900
      0.22 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Kannapolis, designed for cash flow.
      Arden Ave, Kannapolis, NC 28081
      View Details
    • New
      $499,900
      0.91 Acres

      New Duplex in Kannapolis, NC

      New construction duplex with dual-income potential for investors.
      580 Pleasant Ave, Kannapolis, NC 28081
      View Details
    • $215,000
      0.49 Acres

      Kannapolis Duplex with Investment Potential

      Income-producing duplex near downtown Kannapolis with significant upside.
      815 Desoto Ave, Kannapolis, NC 28083
      View Details
    • $250,000
      0.14 Acres

      Updated Duplex in Revitalized Kannapolis

      Turn-key duplex in booming Kannapolis, ideal for investors.
      659 Wilson St, Kannapolis, NC 28083
      View Details
    • $235,000
      906 SF

      Kannapolis Home with Commercial Potential

      Home in Conditional Zoning District, ideal for commercial or residential.
      2001 Lane St, Kannapolis, NC 28083
      View Details
    • $675,000

      Kannapolis Commercial Facility For Sale

      Tenant-occupied commercial facility with flexible use potential in Kannapolis.
      203 E 29Th St, Kannapolis, NC 28083
      View Details
    • $675,000

      Kannapolis Commercial Facility For Sale

      Commercial facility in Kannapolis, renter-occupied, flexible use potential.
      203 E 29Th St, Kannapolis, NC 28083
      View Details
    • $575,000
      2,835 SF

      Kannapolis Office Building For Sale

      2,835 SF office building near downtown Kannapolis.
      1910 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details

    FAQs

    What type of property is this?
    Duplex - Stunning duplex in Kannapolis, NC with mirrored image units.
    Where is this duplex located?
    The property is located at 125 Lowrance Ave Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - New construction duplex built in 2024, located in Kannapolis, NC.; - Mirrored image units offer flexibility for owner-occupancy and rental income.; - Each unit features a spacious, open layout on the main level.
    (704) 960-5591
    Request Owner's contact information
    125 Lowrance Ave Kannapolis, NC 28081
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 Lowrance Ave
    Kannapolis, NC 28081
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Lowrance Ave Kannapolis, NC 28081
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jenna Black
    (704) 960-5591
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!