Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4651 Corporate Dr Northwest Concord, NC 28027

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse space for lease in Concord, North Carolina.

    Property size:
    12,406 SF
    Lot size:
    12,406 SF

    Property Features for 4651 Corporate Dr Northwest

    General Information

    Standard status
    Active
    Size
    12,406 SF

    We can help!

    Listing Contact
    Anne Johnson
    Anne Johnson
    Source: Cbre

    Listing Agency: CBRE | Charlotte Listing Agent: Anne Johnson

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

    Learn more

    Overview

    Concord Warehouse Space Available

    This industrial property, located in Concord, North Carolina, offers warehouse space for rent. The building has a total area of 74,094 square feet, with available spaces ranging from 6,193 to 12,406 square feet. The warehouse features a clear height of 24 feet and is equipped with an Early Suppression Fast Response (ESFR) sprinkler system. Loading is facilitated by 22 dock-high doors and 2 drive-in doors. The property is zoned I-2 and provides 160 car parking spaces. Convenient access to I-85.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Similar Places Nearby

    UASI Public Parking Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6525941
    Latitude
    35.425104

    Nearby Similar for Lease

    • $3,250 /Mo
      871 SF

      Downtown Concord Commercial Space Available

      Prime commercial space in the heart of Downtown Concord.
      14 Cabarrus Ave W, 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
    • $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
    • Contact for pricing

      Neighborhood Center Anchored by Harris Teeter

      67,466 SF neighborhood center in Concord, North Carolina.
      9900 Poplar Tent Rd, Concord, NC 28027
      View Details
    • Contact for pricing

      Carolina Mall Retail Opportunity

      Former Sears available for lease in Carolina Mall.
      1480 Concord Pkwy North, Concord, NC 28025
      View Details
    • Contact for pricing

      Retail Site Near Concord Mills

      Retail site with freeway visibility and strong traffic counts.
      8455 Pit Stop Ct NW, Concord, NC 28027
      View Details
    • Contact for pricing

      Retail Center Anchored by Harris Teeter

      79,579 SF retail center in Concord, North Carolina.
      5151 Poplar Tent Rd, Concord, NC 28027
      View Details
    • Contact for pricing

      Retail Space Near Concord Mills

      Retail property with high visibility near Concord Mills and I-85.
      8660 Concord Mills Blvd, Concord, NC 28027
      View Details
    • Contact for pricing

      Retail/Restaurant/Medical Space Near Concord Mills

      High-visibility retail space near Concord Mills with strong co-tenancy.
      3050 Derita Rd, Concord, NC 28027
      View Details
    • Contact for pricing

      Versatile Flex Space in Concord

      Flex space with office, warehouse, and easy highway access.
      4501 Raceway Dr SW, Concord, NC 28027
      View Details
    • Contact for pricing
      1,690 SF

      Downtown Concord Commercial Office/Retail Space

      Renovated 1,690 sq ft office/retail space in historic downtown Concord.
      159 Church St NE, Concord, NC 28025
      View Details
    • Contact for pricing
      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

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space for lease in Concord, North Carolina.
    Where is this warehouse located?
    The property is located at 4651 Corporate Dr Northwest Concord, NC.
    What are key features of this property?
    This property features: - Convenient access to I-85; - Available space ranging from 6,193 SF to 12,406 SF; - Benefit from the **24' Clear Height**
    (704) 331-1278
    Request Owner's contact information
    4651 Corporate Dr Northwest Concord, NC 28027
    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.
    4651 Corporate Dr Northwest
    Concord, NC 28027
    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
    4651 Corporate Dr Northwest Concord, NC 28027
    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
    Anne Johnson
    Anne Johnson
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!