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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
109 Country Clb NE Dr Concord, NC 28025-1903
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-4906198
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Construction
WOOD
Total area
3,317 SF
Lot
0.69 ac (30,100 SF)
Zoning code
C-2
APN
5621 19 8511
UPID
US53-4906198
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
Current use
Occupant on record · Public records
-
Whiskers and Paws Veterinary Wellness Clinic Veterinary Clinic
-
Design Masters Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$595k
Owner & transaction history
Wewin LLC · 2 yrs held
Wewin LLC
since 2023
Last sale
$595,000
1 recorded transaction
Zoning & alternative use
C-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$735,000
+71.8%
Auto repair, garage
$475,000
+11.8%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
Method
Estimation
Statistic approach
$605,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$425,000
Current use
MEDICAL BUILDING
$735,000
Change: +72% · Conversion: Easy
AUTO REPAIR, GARAGE
$475,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $595k (Nov 6 2023)
Last sale anchor
$595k
Nov 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
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
Tax billed
$5,943
Tax year 2024
Assessed value
$596,690
Assessed 2024
Previous assessed
$480,960
+24.1% YoY
Effective rate
1.00%
On assessed value
Assessed land
$316,050
Assessed improvement
$280,640
Land market value
$316,050
Improvement market value
$280,640
Total market value
$596,690
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
3,317 SF
Lot
0.69 ac (30,100 SF)
Zoning code
C-2
APN
5621 19 8511
UPID
US53-4906198
Jurisdiction
CABARRUS
Zoning & alternative use
C-2 · Concord, NC
Zoning C-2 · permitted uses
C-2 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$425,000
MEDICAL BUILDING
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$475,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Wewin LLC
Entity
Free & Clear · 2 yrs held
Mailing address
14516 SALEM RDG RD, HUNTERSVILLE, NC 28078-2418
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
$595,000
Wewin LLC
Pmr Investments INC
Warranty Deed
—
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.
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