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

    6054 Gln Afton Blvd Concord, NC

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Large warehouse space available for lease in Concord, North Carolina.

    Property size:
    172,749 SF
    Lot size:
    10.42 Acres

    Property Features for 6054 Gln Afton Blvd

    General Information

    Size
    172,749 SF
    Lot size
    10.42 Acres

    We can help!

    Listing Contact
    Matthew Harper
    Source: Moodyscre

    Listing Agent: Matthew Harper

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

    Learn more

    Overview

    Concord Warehouse Space Available

    This property offers 172,749 square feet of warehouse space in Concord, North Carolina. It is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Diverse Logistic Professionals

    Map

    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.579511
    Latitude
    35.4087517

    Nearby Similar for Lease

    • $30 SF/Yr
      34,412 SF

      Retail/Office Space For Lease

      Versatile retail or office space in a high-traffic commercial district.
      2361 Concord Lake Rd, Concord, NC 28025
      View Details
    • $22 SF/Yr
      56,628 SF

      Premier Retail-Office Space Near Mall

      Class A retail and office space near Concord Mills Mall.
      8415 Pit Stop Ct, Concord, NC 28027
      View Details
    • $25 SF/Yr
      56,628 SF

      Retail Space Near Concord Mills

      Retail space available in premier Concord Mills area development.
      8415 Pit Stop Ct, Concord, NC 28027
      View Details
    • New
      $3,800 /Mo
      87,120 SF

      Concord Flex Space For Rent

      End-unit flex space in prime Concord location available for rent.
      51 Carpenter Ct, Concord, NC 28027
      View Details
    • Contact for pricing
      41,840 SF

      Cross-Dock Facility with Trailer Stalls

      41,840 SF cross-dock facility on 7.25 usable acres.
      655 Goodman Rd, Concord, NC 28027
      View Details
    • Contact for pricing
      1,000 SF

      Professional Coworking Space in Concord

      Turn-key coworking space with amenities in downtown Concord.
      57 Union St S, Concord, NC 28025
      View Details
    • Contact for pricing
      3,900 SF

      Concord Office Space For Lease

      3900 SF office space in Concord Mills commercial district.
      7752 Gateway Ln NW, Concord, NC 28027
      View Details
    • Contact for pricing
      8,800 SF

      Landmark Building in Downtown Concord

      Former bank building with flexible space and ample parking.
      50 Union St N, Concord, NC 28025
      View Details
    • $16 SF/Yr
      4,500 SF

      Downtown Concord Office Space

      Full-floor office suite in revitalizing downtown Concord.
      66 Union St S, Concord, NC 28025
      View Details
    • $23 SF/Yr
      3,549 SF

      Downtown Retail/Office Space Available

      Highly visible space in Concord's revitalized downtown area.
      30 S Union St, Concord, NC 28025
      View Details
    • $41 SF/Yr
      678 SF

      Downtown Concord Retail Space Available

      Highly visible retail suite in revitalized Concord city center.
      25 Barbrick Ave SW, Concord, NC
      View Details
    • Contact for pricing
      15,900 SF

      Industrial Warehouse with Outside Storage

      Warehouse space with drive-in doors and outside storage.
      290-296 Executive Park Dr NE, Concord, NC 28025
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large warehouse space available for lease in Concord, North Carolina.
    Where is this warehouse located?
    The property is located at 6054 Gln Afton Blvd Concord, NC.
    What are key features of this property?
    This property features: - Large warehouse space available for lease.; - Located in Concord, North Carolina.; - Available for lease.
    (704) 342-9000
    Request Owner's contact information
    6054 Gln Afton Blvd Concord, NC
    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.
    6054 Gln Afton Blvd
    Concord, NC
    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
    6054 Gln Afton Blvd Concord, NC
    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
    Matthew Harper
    (704) 342-9000
    Learn more
    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.