Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1102 Lane St Kannapolis, NC 28083

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $420,000

    Charming, versatile property near Kannapolis Research Campus with diverse potential.

    Property size:
    2,936 SF

    Property Features for 1102 Lane St

    General Information

    Standard status
    Active
    Size
    2,936 SF

    Building Details

    Year built
    1939

    Source: FISHER HERMAN REALTY LLC Agent DANIEL FISHER

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

    Overview

    Kannapolis Multifamily/Short-Term Rental Opportunity

    This brick home, built in 1939, offers approximately 2,936 square feet of space and features a covered front porch. Located in Kannapolis, North Carolina, the property has been expanded to include 6 bedrooms and is currently utilized as a short-term rental catering to large family gatherings and corporate groups. The property is zoned Office Institutional (O-I), providing flexibility for various uses, including live-work units, multifamily dwellings, residential care facilities, childcare centers, offices, studios, and schools. The layout includes over 2,000 square feet on the ground floor, a 16x24 outbuilding, and an unfinished basement of approximately 300 square feet. The property is located blocks from the Kannapolis Research Campus and BioTech hub. The zoning allows for diverse income streams, while the property can also be tailored to personal or professional needs. The property is intended to be the best investment of 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6055659
    Latitude
    35.5016532

    Nearby Similar for Sale

    • $539,900
      0.22 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Kannapolis, designed for cash flow.
      Arden Ave, Kannapolis, NC 28081
      View Details
    • $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
    • $800,000
      0.27 Acres

      High-Traffic Commercial Building For Sale

      Full-brick building in high-traffic area, ideal for investment.
      2960 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • $349,900
      0.30 Acres

      Kannapolis Duplex with Mixed Zoning

      Duplex in good condition with hardwood floors and mixed zoning.
      2040 Kannapolis Hwy, Kannapolis, NC 28031
      View Details
    • $175,000
      0.18 Acres

      Kannapolis Commercial Space For Sale

      Commercial space suitable for salon or office use in Kannapolis.
      811 Lakeview St, Kannapolis, NC 28083
      View Details
    • $539,900
      0.91 Acres

      New Construction Duplex Investment Opportunity

      Modern duplex in Kannapolis, NC, ideal for investors.
      Pleasant Ave, Kannapolis, NC 28081
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Charming, versatile property near Kannapolis Research Campus with diverse potential.
    Where is this short term rental property located?
    The property is located at 1102 Lane St Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Lucrative short-term rental with proven cash-flow.; - Office Institutional (O-I) zoning allows for diverse uses: live-work units, multifamily dwellings, offices, schools, etc.; - Spacious layout with nearly 3,000sf, including 6 bedrooms and 2000+sf on the ground floor.
    (704) 544-5643
    Request Owner's contact information
    1102 Lane St Kannapolis, NC 28083
    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.
    1102 Lane St
    Kannapolis, NC 28083
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1102 Lane St Kannapolis, NC 28083
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.