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    7840 Lyles Ln Concord, NC 28027

    Sponsored
    For Sale
    Contact for pricing

    Thriving iFly Indoor Skydiving Facility

    Property size:
    5,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents a 5,300 square foot iFly Indoor Skydiving facility situated on a 1.16-acre lot in Concord, North Carolina. Located at 7840 Lyles Lane NW, this property boasts a prime location within a high-growth market, adjacent to Concord Mills Mall, one of Charlotte's largest shopping destinations. The property is zoned C-2, offering flexibility for future development or expansion. The iFly facility, established in 2019, occupies the entire building and has demonstrated significant success, attracting a large customer base from across the state. This presents a unique chance to acquire a proven, high-performing business in a desirable location. The property's APN is 45898295170000. This investment is ideally positioned to capitalize on the continued growth of Concord and its surrounding areas, benefiting from its proximity to major retail centers and significant tourist traffic. The property's size and zoning provide considerable potential for future development or expansion, making it an attractive proposition for discerning investors seeking a strong return on investment in a thriving market. The successful operation of iFly since 2019 underscores the property's inherent value and potential for continued profitability.

    Property Features for 7840 Lyles Ln

    General Information

    Property type
    Retail properties
    Square Feet
    5,300 SF
    Lot Size
    50,530 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    iFLY Indoor Skydiving ... Skydiving Center

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Wholesale Shop Spa & Massage Dental Office Hair Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.7143816
    Latitude
    35.3663589

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    FAQs

    What type of property is this?
    Retail property - Thriving iFly Indoor Skydiving Facility
    Where is this retail property located?
    The property is located at 7840 Lyles Ln Concord, NC.
    (704) 373-9797
    Request Owner's contact information
    7840 Lyles Ln 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
    7840 Lyles Ln Concord, NC 28027
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