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    840 Derita Rd Concord, NC 28027

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    For Sale
    $3,400,000

    Single-tenant industrial building in Concord's commercial corridor, near major landmarks.

    Property Features for 840 Derita Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    2005

    Source: COMPASS Agent BOSTON REID

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

    Overview

    Concord Industrial Investment Opportunity

    This industrial building offers a prime investment opportunity, featuring approximately 15,500 square feet. It is located in the heart of Concord’s thriving commercial corridor, strategically positioned minutes from Concord Mills Mall, Charlotte Motor Speedway, Concord-Padgett Regional Airport, and major transportation routes including I-85 and I-485. The property is leased to a strong tenant currently operating within the initial term of a triple net (NNN) lease, with renewal options in place. The building features a flexible layout with a mix of office, showroom, and warehouse space, and is surrounded by a concentration of large-scale industrial and distribution facilities. This property offers both immediate income and long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Atlantic Business Communications Sign Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.7156431
    Latitude
    35.4021652

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    FAQs

    What type of property is this?
    Industrial property - Single-tenant industrial building in Concord's commercial corridor, near major landmarks.
    Where is this industrial property located?
    The property is located at 840 Derita Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - Prime location in Concord's commercial corridor, near Concord Mills, Charlotte Motor Speedway, and major transportation routes (I-85, I-485).; - Leased to a strong tenant under a triple net (NNN) lease with renewal options, providing immediate income.; - **±15,500 SF single-tenant industrial building.**
    (704) 234-7880
    Request Owner's contact information
    840 Derita Rd Concord, NC 28027
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    Concord, NC 28027
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    Realmo Value Estimation

    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.

    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.

    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
    840 Derita Rd Concord, NC 28027
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