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Property profile & analytics
FOR SALE
Commercial land

1310 Fox Ave Kannapolis, NC 28083

Property ID
US53-1018947
Property summary
AI-generated overview

1.6 +/- acres of General Commercial (C-2) zoned land fronting US Hwy 29/Cannon Blvd. (nearly 300' of frontage). 17,000 average daily traffic volume per NC DOT. This parcel is currently accessed via Fox Ave(a dirt road). There is a residential structure on the site that conveys at no value. It is currently rented on a month-to-month basis. Please do not disturb the tenant. This parcel sits between two additional lots that are also available. 1.27 acres sitting at 13'th Street(traffic signal in place), which is listed for $274,900, and .38 acres, which is available for $175,000. (see attached flyer for details) Contact Steven Tice, CCIM at 704 794-2294 for additional information.

Property profile
Verified
Property type Commercial land
UPID US53-1018947
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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