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    4501 Raceway Dr Concord, NC 28027

    For Lease
    $13 SF/Yr ($3,999 /Mo)

    3600 SF Flex Warehouse, Ideal Location

    Lot size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 3,600-square-foot flex space in Concord, NC, offers a versatile layout perfect for various industrial uses. Located at 4501 Raceway Drive, Suite 130, this single-tenant property boasts a fully conditioned office area, two restrooms, and a spacious warehouse. The warehouse features a clear span design with ceiling heights of approximately 17 feet at the center and 16 feet at the eaves, providing ample vertical space. Access is convenient with one drive-in door. The property includes approximately six gravel parking spaces and benefits from a robust electrical system, featuring one 3-phase, 225-amp, 240V electrical panel. Built in 2000, this building sits on a one-acre lot and is zoned I-1 (Light Industrial) by the City of Concord. Its location within the Motorsports Industrial Park provides easy access to major transportation arteries, including I-85 and Highway 49, ensuring efficient logistics and convenient commutes. The property is currently vacant and ready for immediate occupancy. This is an exceptional opportunity to secure a well-located, functional industrial space in a thriving area.

    Property Features for 4501 Raceway Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,600 SF
    Total Rate
    3999

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Suite 130
    Size
    3,600 SF
    Rate per SF
    $13

    HighLights

    • $13.33/SF, $4,000/month Modified Gross Rent.
    • 3,600 SF Available Flex Space.
    • Clear Span Warehouse with 16‑17' Clear Heights.
    • One Drive‑In Door.
    • 3‑Phase Power.
    • Office and Restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Archery Learning Academy Educational Institution JC Building Inc. Construction Company AMR Heating & Cooling, ... Hvac Contractor F.I.T. Physical Fitness Program

    Suggested Use

    Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6202537
    Latitude
    35.3521007

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    FAQs

    What type of property is this?
    Distribution property - 3600 SF Flex Warehouse, Ideal Location
    Where is this distribution property located?
    The property is located at 4501 Raceway Dr Concord, NC.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: $13.33/SF, $4,000/month Modified Gross Rent.; 3,600 SF Available Flex Space.; Clear Span Warehouse with 16-17' Clear Heights.
    Request Owner's contact information
    4501 Raceway Dr 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
    4501 Raceway Dr Concord, NC 28027
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