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    8541 Concord Mills Blvd Concord, NC 28027

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    For Sale
    Contact for pricing

    Former bank branch in a high-traffic retail hub.

    Property size:
    2,508 SF

    Property Features for 8541 Concord Mills Blvd

    General Information

    Size
    2,508 SF

    Building Details

    Year built
    2000

    Source: Greg Pieratt, SIOR Agent Greg Pieratt, SIOR

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

    Overview

    Concord Mills Retail Opportunity

    This 2,508 SF property, formerly a bank branch, is situated in a prime location within Concord Mills, a commercial and retail hub. The site benefits from high visibility and foot traffic due to its location within Concord Mills, as well as the 45,000 vehicles per day on Concord Mills Boulevard and over 160,000 vehicles per day on I-85. The property features 4 drive-thru lanes and is located on a 1.21-acre site with ample on-site parking. The location offers convenient access to I-85. Zoned C2, the property is suitable for a variety of uses including retail businesses, financial institutions, office or medical users, and restaurants. The property is located in one of Charlotte’s top growth markets, with Concord boasting a 5% annual growth rate since 2010. The location is part of an extremely dense retail corridor with over 1.3 million square feet of retail shops and businesses. The property has multiple points of ingress and egress.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.7237405
    Latitude
    35.37274

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    FAQs

    What type of property is this?
    Bank - Former bank branch in a high-traffic retail hub.
    Where is this bank located?
    The property is located at 8541 Concord Mills Blvd Concord, NC.
    What are key features of this property?
    This property features: - Prime location at Concord Mills, a thriving commercial and retail hub with over 1.3m SF of retail shops and businesses.; - High visibility and foot traffic from Concord Mills, 45,000 VPD on Concord Mills Blvd, and over 160,000 VPD on I-85.; - Located in one of Charlotte’s top growth markets (Concord boasting 5% annual growth rate since 2010).
    (619) 995-7241
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    8541 Concord Mills Blvd Concord, NC 28027
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    Concord, NC 28027
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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
    8541 Concord Mills Blvd Concord, NC 28027
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