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    Property profile & analytics

    1302 Mdw Ave Kannapolis, NC 28083-5135

    • Garden apartment buildings
    • 8,410 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 05, 2021
    Location Intelligence
    Property ID
    US53-0420999
    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

    • Garden apartment buildings

    Property Details for 1302 Mdw Ave

    Year built
    2001
    Construction
    WOOD
    Lot size
    1.04 lot acres
    Property size
    8,410 SF
    Zone code
    R8
    Property type
    Garden apartment buildings
    APN
    5613 73 3168
    APU
    5613733168

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6212
    Latitude
    35.479
    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
    2024
    $22,435
    $120,000
    $1,855,760
    $1,975,760
    -
    $120,000
    $1,855,760
    $1,975,760

    Comparable in this City

    • Value Estimation
      $21,110,000
      4,942 SF

      300 Suffolk Dr

      GARDEN APT, COURT APT (5+ UNITS) • 4,942 SF
      300 Suffolk Dr, Kannapolis, NC 28083-4936
      View Details
    • Value Estimation by Request
      72,436 SF

      300 Sandy Ct

      GARDEN APT, COURT APT (5+ UNITS) • 72,436 SF
      300 Sandy Ct, Kannapolis, NC 28083-8036
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    • Value Estimation by Request
      9,349 SF

      2137 University Dr

      GARDEN APT, COURT APT (5+ UNITS) • 9,349 SF
      2137 University Dr, Kannapolis, NC 28083-7261
      View Details
    • Value Estimation by Request
      17.39 Acres

      2802 Ln St

      GARDEN APT, COURT APT (5+ UNITS) • 17.39 Acres
      2802 Ln St, Kannapolis, NC 28083-9223
      View Details
    • Value Estimation
      $2,010,000
      8,618 SF

      103 Rdg Ave

      GARDEN APT, COURT APT (5+ UNITS) • 8,618 SF
      103 Rdg Ave, Kannapolis, NC 28083-4463
      View Details
    • Value Estimation by Request
      9,504 SF

      2101 Stephen Ct

      GARDEN APT, COURT APT (5+ UNITS) • 9,504 SF
      2101 Stephen Ct, Kannapolis, NC 28083-4029
      View Details

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    Similar Nearby for Lease

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      Located on a hard corner with high visibility and access.
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      2,453 SF

      Cannon Blvd. Industrial Space Available

      Secure Industrial Space, Multiple Uses
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      View Details
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    Kannapolis, NC 28083-5135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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