Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties
1007 Oakwood Ave Kannapolis, NC 28081
Individually Owned
Free & Clear
Property ID
US53-0901664
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1978
Construction
WOOD
Total area
2,604 SF
Lot
0.22 ac (9,750 SF)
Zoning code
R4
APN
5613 23 8882
UPID
US53-0901664
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
SHADYBROOK BAPTIST CHURCH
SHADYBROOK BAPTIST CHURCH
Zoning & alternative use
R4 · Kannapolis, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1.A Zoning Districts Established DISTRICT SECTION IN KDO AGRICULTURAL DISTRICT AG Agricultural District Section 3.2.A RESIDENTIAL DISTRICTS R1 Residential 1 District Section 3.3.C R2 Residential 2 District Section 3.3.D R4 Residential 4 District Section 3.3.E R6 Residential 6 District Section 3.3.F R7 Residential 7 District Section 3.3.G R8 Residential 8 Dis…
Zone name
Residential 4 District
General category
CIVIC_INSTITUTIONAL
Zone area
7,542.53 ac
Source
Article 3 Zoning Districts
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kannapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kannapolis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$150,120
Assessed 2024
Previous assessed
$119,710
+25.4% YoY
Assessed land
$53,000
Assessed improvement
$97,120
Land market value
$53,000
Improvement market value
$97,120
Total market value
$150,120
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,604 SF
Lot
0.22 ac (9,750 SF)
Zoning code
R4
APN
5613 23 8882
UPID
US53-0901664
Jurisdiction
CABARRUS
Zoning & alternative use
R4 · Kannapolis, NCZoning R4 · permitted uses
R4 · Kannapolis, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1.A Zoning Districts Established DISTRICT SECTION IN KDO AGRICULTURAL DISTRICT AG Agricultural District Section 3.2.A RESIDENTIAL DISTRICTS R1 Residential 1 District Section 3.3.C R2 Residential 2 District Section 3.3.D R4 Residential 4 District Section 3.3.E R6 Residential 6 District Section 3.3.F R7 Residential 7 District Section 3.3.G R8 Residential 8 District Section 3.3.H R18 Residential 18 District Section 3.3.I MIXED-USE DISTRICTS
Zone name
Residential 4 District
General category
CIVIC_INSTITUTIONAL
Zone area
7,542.53 ac
Source
Article 3 Zoning Districts
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
SHADYBROOK BAPTIST CHURCH
Individual
Free & Clear · 0 yrs held
Mailing address
1009 OAKWOOD AVE, KANNAPOLIS, NC 28081-5376
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1007 Oakwood Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
