Property profile

1112 Cannon Blvd Kannapolis, NC 28083

OFF-MARKET
Drive through restaurants
Property ID
US53-2019596
2,688 SF 0.74 ac lot Built 2007
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Construction WOOD
Total area 2,688 SF
Lot 0.74 ac (32,234 SF)
Zoning code GC
APN 5623 03 0069
UPID US53-2019596

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1112 Cannon Blvd Kannapolis, NC 28083-6229
Kannapolis metro Census 40800 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Kannapolis, NC
Zoning description

-AC Mixed-Use Activity Center District Section 3.4.E TOD Transit-Oriented Development District Section 3.4.H CC Center City District Section 3.4.I NONRESIDENTIAL DISTRICTS O-I Office-Institutional District Section 3.5.C…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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