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    387 Corban Ave SW Concord, NC 28025

    For Sale
    $499,900

    3+/- acre industrial tract with 5,000+/- sq. ft. warehouse.

    Property size:
    5,000 SF
    Lot size:
    0.28 Acres

    Property Features for 387 Corban Ave SW

    General Information

    Size
    5,000 SF
    Lot size
    0.28 Acres

    Source: Mortice Commercial Real Estate LLC Agent Steven Tice, CCIM

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

    Overview

    Concord Industrial Tract with Warehouse

    This industrial tract, spanning 3+/- acres, is located minutes from downtown Concord. Zoned I-2 (Heavy Industrial), the property offers flexibility for various industrial and service uses. The site is fully fenced, enhancing security and functionality for storage, equipment, or operations. A 5,000+/- sq. ft. warehouse building is included, providing immediate utility. While the building requires repairs, it offers a foundation for redevelopment or repositioning. The land lies within a flood plain, but its central location, visibility, and zoning designation create long-term value for an owner-user or investor. The property includes parcels 56205466730000 & 56205464550000. Proposals are available for either repairs to the building or its demolition, depending on preference.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Diverse Logistic Professionals

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.591807
    Latitude
    35.4009669

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    FAQs

    What type of property is this?
    Warehouse - 3+/- acre industrial tract with 5,000+/- sq. ft. warehouse.
    Where is this warehouse located?
    The property is located at 387 Corban Ave SW Concord, NC.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Zoned I-2 (Heavy Industrial) offering flexibility.; - 3+/- acre industrial tract located minutes from downtown Concord.; - Includes a **5,000+/- sq. ft. warehouse building**.
    (704) 794-2294
    Request Owner's contact information
    387 Corban Ave SW 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
    387 Corban Ave SW Concord, NC 28025
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