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    Property profile & analytics

    7711 Gateway Ln Concord, NC 28027

    • Commercial real estate
    • 1.26 lot acres
    For Sale
    View listing
    $1,350,000
    Value Estimation
    Last Sale
    Apr 13, 2022
    $1,300,000
    Location Intelligence
    Property ID
    US53-3678719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7711 Gateway Ln

    Lot size
    1.26 lot acres
    Zone code
    C-2
    Property type
    Commercial real estate
    APN
    4599 02 8344
    APU
    4599028344

    Description

    This exceptional 1.26-acre commercial land parcel presents a remarkable development opportunity in Concord, North Carolina. Situated on Bruton Smith Blvd, the property boasts a highly desirable C2-Commercial zoning designation, offering flexibility for a wide range of commercial uses. With a total area of 54,886 square feet, the lot provides ample space for a substantial project. Its strategic location within the Charlotte MSA ensures high visibility and accessibility, benefiting from a daily traffic count exceeding 40,000 vehicles. The property's address is 7711 Gateway Ln NW, Concord, NC 28027, and its APN is 4599-02-8344-000. The proximity to major attractions like the Charlotte Motor Speedway and Concord Mills Mall further enhances its appeal, guaranteeing a robust customer base. This prime location offers unparalleled potential for developers seeking to capitalize on a thriving commercial market. The property's size and zoning make it ideal for a variety of commercial ventures, promising significant returns on investment. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly growing area. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,090,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,300,000
      6.5%
      $1,325,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,175,000
      Geo Method
      $1,135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,395,000
      Retail
      $1,130,000
      Mixed-Use
      $1,475,000
      Hospitality
      $1,190,000
      Educational
      $1,205,000
      Residential Income
      $1,360,000
      Energy
      $1,270,000
      Income-Based Land
      $1,070,000
      Food Service
      $1,335,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.7079
    Latitude
    35.3657
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,530
    $1,358,420
    $0.00
    $1,358,420
    -
    $1,358,420
    $0.00
    $1,358,420

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    Similar Nearby for Lease

    • $22 SF/Yr
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    7711 Gateway Ln
    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
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