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    42 Union St S Concord, NC 28025

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    For Lease
    $23 SF/Yr ($2,779 /Mo)

    Market Street facing space ideal for retail or office.

    Property size:
    1,450 SF
    Lot size:
    0.12 Acres

    Property Features for 42 Union St S

    General Information

    Size
    1,450 SF
    Lot size
    0.12 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

    Renovated Retail/Office Space Available

    The property features a lower level space of approximately 1,450 square feet that is currently undergoing renovation. The renovation includes the installation of new HVAC, concrete floors, a second bathroom, lighting, and paint. A new entrance will be incorporated into an outdoor covered patio area for the tenant. The exterior of the building is also undergoing renovation. This Market Street-facing space is positioned to capture traffic from nearby apartments, parking decks, and other destinations. The space is suitable for a bookstore, pub, retail space, or creative office.
    Location Intelligence

    Current Use by Public Records

    hb5 co/work Coworking Space Baker-HR: Human Resources ... Human Resource Consulting mysite Wellness Program Trinsik Labs Internet Marketing Service Kodiak Cocktails, Music, ... Cocktail Bar

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage 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
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5805207
    Latitude
    35.4096432

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    FAQs

    What type of property is this?
    Retail space - Market Street facing space ideal for retail or office.
    Where is this retail space located?
    The property is located at 42 Union St S Concord, NC.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic Market Street location, directly facing Novi apartments and parking decks.; - Lower level undergoing renovation with **new HVAC, concrete floors, second bathroom, lighting, and paint.**; - **New tenant entrance incorporated into an outdoor covered patio area.**
    (704) 794-2294
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    42 Union St S 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
    42 Union St S Concord, NC 28025
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