Add Listing
    For Sale
    • 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

    2960 Dale Earnhardt Blvd Kannapolis, NC 28083

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

    Corner lot with frontage on Dale Earnhardt Blvd.

    Property size:
    1,580 SF

    Property Features for 2960 Dale Earnhardt Blvd

    General Information

    Standard status
    Active
    Size
    1,580 SF

    Building Details

    Year built
    1967

    We can help!

    Listing Contact
    Pam Lambert
    Source: Corcoran

    Listing Agency: LANTERN REALTY & DEVELOPMENT, LLC Listing Agent: Pam Lambert

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

    Learn more

    Overview

    High-Traffic Commercial Corner Lot

    This property presents an investment opportunity in a high-traffic commercial area near I-85 (Exit 60). The corner lot provides 86 feet of frontage on Dale Earnhardt Blvd and is 150 feet deep, offering visibility. Zoned general commercial, the property is located among shopping centers, big box businesses, banks, restaurants, gas stations, hotels, and retail stores. The building includes a metal roof, two restrooms, a handicap-accessible ramp, a storage area, and concrete parking in the back. The property is currently used as a nail salon and has general commercial zoning for multiple uses. The building size is 1580 square feet.
    Location Intelligence

    Current Use by Public Records

    Nails By Duke Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5902178
    Latitude
    35.4680417

    Nearby Similar for Sale

    • New
      $375,000
      0.50 Acres

      Cannon Blvd Retail Opportunity

      High-visibility location on Cannon Blvd with ample parking.
      1201 N Cannon Blvd, Kannapolis, NC 28083
      View Details
    • New
      $235,000
      0.16 Acres

      Kannapolis Home with Commercial Potential

      Home suitable for light commercial/office use with updated features.
      2001 Lane St, Kannapolis, NC 28083
      View Details
    • New
      $165,000
      0.18 Acres

      Kannapolis Commercial Space For Sale

      Commercial space suitable for salon or office near N Cannon Blvd.
      811 Lakeview St, Kannapolis, NC 28083
      View Details
    • $685,000
      0.27 Acres

      Kannapolis Commercial Corner Lot

      High-traffic commercial corridor with excellent visibility and multiple uses.
      2960 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • $499,900
      0.91 Acres

      New Duplex in Kannapolis, NC

      New construction duplex with dual-income potential for investors.
      580 Pleasant Ave, Kannapolis, NC 28081
      View Details
    • $529,900
      0.22 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Kannapolis, designed for cash flow.
      Arden Ave, Kannapolis, NC 28081
      View Details
    • New
      $215,000
      0.49 Acres

      Kannapolis Duplex with Investment Potential

      Income-producing duplex near downtown Kannapolis with significant upside.
      815 Desoto Ave, Kannapolis, NC 28083
      View Details
    • $250,000
      0.14 Acres

      Updated Duplex in Revitalized Kannapolis

      Turn-key duplex in booming Kannapolis, ideal for investors.
      659 Wilson St, Kannapolis, NC 28083
      View Details
    • $675,000

      Kannapolis Commercial Facility For Sale

      Commercial facility in Kannapolis, renter-occupied, flexible use potential.
      203 E 29Th St, Kannapolis, NC 28083
      View Details
    • $575,000
      2,835 SF

      Kannapolis Office Building For Sale

      2,835 SF office building near downtown Kannapolis.
      1910 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • $575,000

      Kannapolis Office Building For Sale

      2,835 SF office building suitable for professional uses.
      1910 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • New
      $235,000
      906 SF

      Kannapolis Home with Commercial Potential

      Home in Conditional Zoning District, ideal for commercial or residential.
      2001 Lane St, Kannapolis, NC 28083
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner lot with frontage on Dale Earnhardt Blvd.
    Where is this retail space located?
    The property is located at 2960 Dale Earnhardt Blvd Kannapolis, NC.
    What are key features of this property?
    This property features: - High-traffic location off I-85 (Exit 60) in a commercial corridor.; - Corner lot with **86 feet of frontage on Dale Earnhardt Blvd, providing maximum visibility.**; - Zoned General Commercial, allowing for multiple uses.
    (704) 298-0087
    Request Owner's contact information
    2960 Dale Earnhardt Blvd Kannapolis, NC 28083
    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.
    2960 Dale Earnhardt Blvd
    Kannapolis, NC 28083
    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
    2960 Dale Earnhardt Blvd Kannapolis, NC 28083
    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
    Pam Lambert
    (704) 298-0087
    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!