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    1 Buffalo Ave, Unit 216 Concord, NC 28025

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    For Sale
    $74,900

    Commercial condo unit in downtown Concord, suitable for retail or office.

    Property Features for 1 Buffalo Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1890

    Source: CAROLINA CONSTRUCTION AND REALTORS INC. Agent RAJAN NANDA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Condo Unit in Concord

    This commercial condo unit, numbered 216, is located in downtown Concord. The unit was recently used as a boutique and features a front display area and storage space. It can be reconfigured to suit office needs. Permitted uses can be confirmed with the City of Concord Planning and Zoning Department. The Homeowner's Association (HOA) dues are $180 per month. The HOA covers common area maintenance, garbage collection, and electrical services for parking lots and common areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Locke Mill Plaza Apartment Complex At the Wheel Driving Academy Driving School Martin Wesmil Ltd Driving School Jr Charity League ... Charity SOLUTIONS ACCOUNTING tax, ... Certified Public Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5896109
    Latitude
    35.4181041

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    FAQs

    What type of property is this?
    Office space - Commercial condo unit in downtown Concord, suitable for retail or office.
    Where is this office space located?
    The property is located at 1 Buffalo Ave, Unit 216 Concord, NC.
    What is the asking price?
    The asking price for this property is $74,900.
    What are key features of this property?
    This property features: - Commercial condo unit in downtown Concord.; - Suitable for retail (boutique) or office use.; - Existing front display and storage space.
    Request Owner's contact information
    1 Buffalo Ave, Unit 216 Concord, NC 28025
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    Concord, NC 28025
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    Realmo Value Estimation

    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.

    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.

    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
    1 Buffalo Ave, Unit 216 Concord, NC 28025
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