Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bank Branch with Drive Thru Title is generated by Realmo AI

    276 Concord Parkway South, Concord, NC 28025

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3,818 SF bank branch on 1.3 acres for sale.

    Added:
    Nov 25, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 6 at 1:15 am

    Property Features for 276 Concord Parkway South

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Dawn Prince Hoover

    Listing agent Dawn Prince Hoover

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    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 Dawn Prince Hoover

    HighLights

    • Located less than 2 miles from the new $2 billion Eli Lilly facility (opened Sept 2024).
    • Located on US 29/Concord Pkwy S with high traffic volume (35,000 AADT).
    • 3,818 +/- SF bank branch with drive thru on a 1.3‑acre site.
    • Two signalized intersections on US 29/Concord Pkwy S.
    • Zoning: C‑2
    • Two Monument Signs

    Overview

    A 3,818 square foot bank branch with a drive-thru, situated on a 1.3-acre site, is available for sale or lease. The property is located along US 29/Concord Parkway South, which has an annual average daily traffic count of 35,000. It is less than 2 miles from downtown Concord and the new $2 billion Eli Lilly facility, which opened in September 2024. The property benefits from two signalized intersections on US 29/Concord Parkway South and includes two monument signs. The zoning is C-2.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.611
    Latitude
    35.3968

    Nearby Similar for Sale

    • $1,100,000
      11,488 SF

      Retail/Warehouse Space on Hwy 73

      11,488 sq ft retail/warehouse space on 0.52 acres.
      487 Corban Avenue SE, Concord, NC 28025
      View Details
    • $650,000
      3,045 SF

      Commercial Building in High-Traffic Area

      3,045 sq ft commercial building on 0.63-acre lot.
      225 SE Branchview Drive SE, Concord, NC 28025
      View Details
    • $535,000

      Cash Flowing Rental Property

      Rental property near Downtown Concord with modern upgrades.
      86 White Street NW, Concord, NC 28027
      View Details
    • $900,000
      3,462 SF

      Warehouse and Carwash Opportunity

      Warehouse and carwash near Downtown Concord with income potential.
      91 Corban Avenue SW, Concord, NC 28025
      View Details
    • $345,000

      Turnkey Duplex in Concord, NC

      Renovated duplex ideal for short-term or long-term rentals.
      270/272 Spring Street SW, Concord, NC 28025
      View Details
    • $315,000

      Turnkey Duplex in Downtown Concord

      Remodeled duplex in downtown Concord, ideal for investors or owner-occupants.
      266 Moore Drive NW, Concord, NC 28025
      View Details
    • $599,000
      1,729 SF

      Remodeled Auto Garage/Warehouse in Concord

      Turnkey auto garage/warehouse in high-traffic Concord location.
      398 Old Charlotte Road SW, Concord, NC 28027
      View Details
    • $4,600,000

      Caliber Collision Investment Opportunity

      Long-term corporate lease in high-growth Charlotte submarket.
      2760 Concord Parkway South, Concord, NC 28027
      View Details
    • $2,150,000
      9,375 SF

      Motorsports Drive Industrial Property

      9,375 SF industrial property with new 10-year lease.
      4387 Motorsports Dr SW, Concord, NC 28027
      View Details
    • $489,900

      Two Buildings Near Downtown Concord

      Two adjacent commercial buildings suitable for office, medical, or service use.
      729 Church St N, Concord, NC
      View Details
    • Contact for pricing
      2,508 SF

      Concord Mills Retail Opportunity

      Former bank branch in a high-traffic retail hub.
      8541 Concord Mills Blvd, Concord, NC 28027
      View Details
    • $325,000
      1,256 SF

      Commercial Space Near Church Street

      Retail space suitable for salon or spa-related businesses.
      556 Newell Street NW, Concord, NC 28025
      View Details

    FAQs

    What type of property is this?
    Bank - 3,818 SF bank branch on 1.3 acres for sale.
    Where is this bank located?
    The property is located at 276 Concord Parkway South Concord, NC.
    What are key features of this property?
    This property features: Located less than 2 miles from the new $2 billion Eli Lilly facility (opened Sept 2024).; Located on US 29/Concord Pkwy S with high traffic volume (35,000 AADT).; **3,818 +/- SF bank branch with drive thru on a 1.3‑acre site.**
    (980) 556-7306
    We can help!
    Listing Contact
    Dawn Prince Hoover
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    276 Concord Parkway South, Concord, NC 28025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!