830 Florence Street Northwest, Concord, NC 28027

Building Details

Buildings 2 More

Listing Agency: Tri-Oak Consulting Group

Listed By: Gregory Fitzgerald · License NC #297753

Source: Crexi

Added: Sep 10 Changed: Nov 3 Last Checked: Nov 8 at 9:28AM

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Investment Insights

Based on property information with market context.

This office property comprises two buildings totaling 11,400 SF. The offering is located at 830 Florence Street Northwest in Concord, North Carolina, and carries a 9.46% CAP rate.

Key Highlights

• Two office buildings included
• 11,400 SF total building area
• 9.46% CAP rate

Property Analytics

Current Use

SS Department Of Social Services Social Security Administration Social Security Office

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Florist Electrical Service

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

Location Intelligence

Trade Area within ½ mile

703

Businesses Nearby

Explore this area Business Placement

Demographics for 28027, NC

76,478

Population

31,450

Households

2.4

Avg Household Size

36

Median Age

43%

College-Educated

92%

High-School Grad

69.0 sq mi

ZIP Area

1,108

Density / Sq Mi

$89,101

Median Household Income

$48,976

Median Earnings

$1,433

Median Rent

$341,900

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Office building - The offering includes a pair of office buildings.

Where is this office building located?

The property is located at 830 Florence Street Northwest Concord, NC.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Two office buildings included; 11,400 SF total building area; 9.46% CAP rate