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    1216 Main St Kannapolis, NC 28081-2259
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    Property profile & analytics

    1216 Main St, Kannapolis, NC 28081-2259

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    • Auto shops
    • 12,068 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US53-1138743
    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.

    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brothers Tire Sales / (Bike/Boat/Book/etc) Store / Auto Parts Store
    • Carpet Connection of Cabarrus County / Carpet & Flooring Store / Hardware & Home Improvement
    • Rbjni. K Tire Sales / (Bike/Boat/Book/etc) Store / Auto Parts Store

    Property Details for 1216 Main St

    Year built
    1920
    Lot size
    0.32 lot acres
    Zone code
    C2:HIGHWAY COMMERCIAL
    Property type
    Auto shops
    APN
    150 072
    APU
    150072

    Description

    This exceptional 22,619-square-foot flex space in Kannapolis, NC, presents a compelling owner-user or sale-leaseback opportunity. Located at 1216 S Main St, this Class B industrial property boasts a prime location with high visibility, experiencing over 10,000 vehicles per day. The property, built in 1950 and extensively renovated in 2023 for nearly $1 million, features a single-story building on a 0.94-acre lot. The improvements include a new +/- 2,500 square foot second floor addition with six offices, two boardrooms, a full bath, two half baths, and a kitchen. Additional upgrades encompass a new roof, drainage system, fresh paint, new asphalt, and a new HVAC system. The main level offers over 10,000 square feet of conditioned space, perfect for warehouse, showroom, or office needs. The property also includes a fenced laydown yard and one loading dock. Zoned GC, this turnkey property is ready for immediate occupancy. The asking price is $2,133,000 ($94 per square foot) with a triple net (NNN) lease structure. The property is currently 100% occupied, with the lease expiring on December 31, 2024. This represents a rare chance to acquire a move-in ready asset in a stable growth market, minutes from downtown Kannapolis. Three-phase power is available.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $570,000
      Market price range: $571k - $1.72M
      AI Estimate
      $639,000
      Market price range: $639k - $1.53M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $950,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6149
    Latitude
    35.511
    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
    $3,816
    $95,256
    $220,127
    $315,383
    -
    $95,256
    $220,127
    $315,383
    More about this property
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