Property profile

49 Corban SW Ave Concord, NC 28025

OFF-MARKET
Garden apartment buildings
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Property ID
US53-2219078
13,560 SF 0.22 ac Built 1927
Last sale Sep 2026·$1,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This 14-unit multifamily building has unit-level updates completed during the current period of ownership, with nine of the 14 units renovated using modern finishes. The property is located directly adjacent to the Downtown Concord Social District, within an area that has seen substantial public and private investment, contributing to an active downtown environment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$661k
Assessed land$50k
Assessed improvement$611k
Effective rate1.00%

Value estimate

· Nov 2026
$800k
$720k – $880k
AI approach$800k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$496/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$77 – $1,031

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RC
The RC District is established to provide a high density residential district allowing compact development consisting of the full spectru...
General categoryCOMMERCIAL
JurisdictionCABARRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
Electrical Service11.9
Pharmacy11.8

Location

49 Corban SW Ave Concord, NC 28025-5134
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Hamilton NE, Concord, NC 28025-2215 $1,525,000 Sep 2024 9,808 SF
96 Tribune SW, Concord, NC 28025-5086 $3,350,000 Jun 2024 7,782 SF
224 Lk Concord NE, Concord, NC 28025 $24,750,000 Apr 2022 18,288 SF
357 Freedom SW, Concord, NC 28025-5527 $1,265,000 Nov 2020 8,100 SF
3699 Patriots Pl, Concord, NC 28025-6032 $9,608,500 Feb 2020 21,152 SF
71 American NE, Concord, NC 28025-3201 $970,000 Aug 2019 12,456 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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