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Property profile & analytics

1201 Cannon Blvd Kannapolis, NC 28083

  • Retail space
  • 1,920 SF
  • 0.29 lot acres
Value Estimation
Last Sale
Dec 02, 2020
$175,000
Location Intelligence
Property ID
US53-2945648
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

  • L & J Newsstand / Adult Entertainment Store / Adult Dvd Store

Property Details for 1201 Cannon Blvd

Year built
1954
Lot size
0.29 lot acres
Property size
1,920 SF
Zone code
C2:HIGHWAY COMMERCIAL
Property type
Retail space
APN
150 040
APU
150040

Description

This 1,920 square foot retail space is ideally situated on Cannon Boulevard in Kannapolis, NC, offering exceptional visibility and accessibility. The property boasts a prime location with high traffic counts, ensuring significant exposure for your business. The 0.52-acre lot provides ample parking for both customers and employees, a significant advantage in a busy commercial area. This presents a fantastic opportunity for a new business seeking a strong foothold in a growing market or for an established business looking to relocate to a more prominent location. The property's proximity to the revitalized downtown Kannapolis area further enhances its appeal, placing it within easy reach of a vibrant community and a diverse customer base. The building offers significant potential for a variety of retail uses, making it an attractive investment opportunity. The asking price of $350,000 reflects the property's prime location and significant potential for return on investment. Don't miss this chance to secure a thriving retail space in a dynamic and up-and-coming area. Contact us today to schedule a viewing.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $200,000
  • CAP approach

    CAP return
    Estimation
    6%
    $195,000
    6.5%
    $215,000
    7%
    $205,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $225,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $160,000
    Retail
    $155,000
    Mixed-Use
    $155,000
    Hospitality
    $155,000
    Educational
    $160,000
    Residential Income
    $185,000
    Energy
    $200,000
    Income-Based Land
    $180,000
    Food Service
    $170,000

Location Insight

  • Map
  • Local Demand
City
Kannapolis
County
Rowan
State
North Carolina
Longitude
-80.6092
Latitude
35.5107
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
2023
$2,545
$151,875
$58,415
$210,290
-
$151,875
$58,415
$210,290
More about this property
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