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Renovated Single-Story Office Building
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1473 Dale Earnhardt Boulevard, Kannapolis, NC 28083

Renovated commercial office property with flexible room configuration, kitchen, bathrooms, and substantial surface parking.

Property Size3,241 SF
Price / SF$200.25
Days on Market54

Property Features for 1473 Dale Earnhardt Boulevard

General Information

Standard status Active
Size 3,241 SF
Class C
Total Parking Spaces 56
Property subtype Office
Zoning B-1

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Renovated 2025
Buildings 1
Stories 1
Building Size 3,241 SF
Listing Agency: One Alliance Companies
Listed By: Mark Quincy · License #Nc 197597
Source: Crexi
Added: Aug 25 Changed: Oct 5 Last Checked: Oct 16 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Alliance Companies

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Investment Insights

Based on property information with market context.

Renovated in 2025, this 3,241 SF single-story office building at 1473 Dale Earnhardt Boulevard includes approximately 15 rooms, a kitchen, and bathrooms. The configuration supports office, medical, or dental occupancy, subject to applicable approvals. B-1 zoning is in place, with office use and potential office- or retail-adjacent applications identified in the property information.

The site includes approximately 56 surface parking spaces and fronts Dale Earnhardt Boulevard, where exposure is reported at approximately 16,000 vehicles per day. Regional connectivity includes a location approximately 3 miles from I-85 and access near the S. Cannon Blvd corridor, serving Kannapolis and the broader Charlotte region.

Key Highlights

  • 3,241 SF single‑story office building renovated in 2025
  • Approximately 15 rooms plus kitchen and bathrooms
  • Approximately 56 surface parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,840
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,800 $1.1M
Cap Rate 7%
$812,000 $812.0K
Cap Rate 9%
$631,556 $631.6K
Market Conditions
NOI Build-Up for 3,241 SF
Gross rent
$84.4K $26.04/SF
− Vacancy
−$8.6K −$2.66/SF
EGI
$75.8K $23.38/SF
− OpEx
−$18.9K −$5.85/SF
NOI
$56.8K $17.54/SF
Area
Cabarrus County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,800
Cap Rate 7%
$812,000
Cap Rate 9%
$631,556

Alternative Uses

Best Use
Office B
$812.0K
$710.5K – $947.3K (±1% cap)
NOI $56,840 @ 7.0% cap · market cap 8.76%
Second Best
Healthcare Medical
$644.9K
$564.3K – $752.3K (±1% cap)
NOI $45,140 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.02M
$892.6K – $1.19M (±1% cap)
NOI $71,406 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Nationwide Insurance: William ... Insurance Agency Glick Insurance Group ... Insurance Agency

Suggested Use

Top Pick Law Firm Dental Office Plumbing Service Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 28083, NC

25,821
Population
11,925
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,291
Density / Sq Mi
$60,563
Median Household Income
$39,831
Median Earnings
$1,120
Median Rent
$194,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Renovated commercial office property with flexible room configuration, kitchen, bathrooms, and substantial surface parking.
Where is this office units located?
The property is located at 1473 Dale Earnhardt Boulevard Kannapolis, NC.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3,241 SF single‑story office building renovated in 2025; Approximately 15 rooms plus kitchen and bathrooms; Approximately 56 surface parking spaces
More about this property
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