Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1321 Cannon Blvd Kannapolis, NC 28083-2874

    • Retail space
    • 2,964 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Feb 22, 2024
    $350,000
    Location Intelligence
    Property ID
    US53-2367366
    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

    • Vigo / Money Transfer Service / Money Order Service
    • Carniceria Acapulco / Grocery Store

    Property Details for 1321 Cannon Blvd

    Year built
    1955
    Lot size
    0.58 lot acres
    Property size
    2,964 SF
    Zone code
    C2:HIGHWAY COMMERCIAL
    Property type
    Retail space
    APN
    159 281
    APU
    159281

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $295,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $245,000
      Mixed-Use
      $260,000
      Hospitality
      $275,000
      Educational
      $245,000
      Residential Income
      $285,000
      Energy
      $275,000
      Income-Based Land
      $260,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6102
    Latitude
    35.5134
    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
    $4,110
    $222,222
    $117,449
    $339,671
    -
    $222,222
    $117,449
    $339,671

    Comparable in this City

    • Value Estimation by Request
      12,435 SF

      2231 Roxie NE St

      RETAIL STORES (PERSONAL SERVICES) • 12,435 SF
      2231 Roxie NE St, Kannapolis, NC 28083-6490
      View Details
    • Value Estimation
      $560,000
      2,040 SF

      2871 Cannon Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,040 SF
      2871 Cannon Blvd, Kannapolis, NC 28083-9124
      View Details
    • Value Estimation by Request
      3,344 SF

      406 Cannon Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,344 SF
      406 Cannon Blvd, Kannapolis, NC 28083-5259
      View Details
    • Value Estimation
      $290,000
      2,970 SF

      1608 Cannon Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,970 SF
      1608 Cannon Blvd, Kannapolis, NC 28083-6102
      View Details
    • Value Estimation
      $295,000
      1,200 SF

      915 Ln St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      915 Ln St, Kannapolis, NC 28083-3751
      View Details
    • Value Estimation
      $300,000
      2,073 SF

      652 Cannon Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,073 SF
      652 Cannon Blvd, Kannapolis, NC 28083-3779
      View Details

    Similar Nearby for Sale

    • $800,000
      0.27 Acres

      High-Traffic Commercial Building For Sale

      Full-brick building in high-traffic area, ideal for investment.
      2960 Dale Earnhardt Blvd, Kannapolis, NC 28083
      View Details
    • $750,000
      Pending

      Freestanding Retail NAPA Auto Parts

      Freestanding retail building with lease-up opportunity in high-traffic corridor.
      1715 N Cannon Blvd, Kannapolis, NC 28083
      View Details
    • $175,000
      0.18 Acres

      Kannapolis Commercial Space For Sale

      Commercial space suitable for salon or office use in Kannapolis.
      811 Lakeview St, Kannapolis, NC 28083
      View Details
    • $750,000
      9,544 SF

      Kannapolis Retail Property For Sale

      9,544 SF retail property near downtown Kannapolis.
      655 N Cannon Blvd, Kannapolis, NC 28083
      View Details
    • $1,200,000
      9,000 SF

      Kannapolis Restaurant - $1.2M

      Prime Kannapolis restaurant, 9,000 sq ft, strong lease.
      316 Brookdale St, Kannapolis, NC 28083
      View Details
    • Contact for pricing
      24,624 SF

      Kannapolis Commercial Property on Cannon

      24,624 SF commercial property on 3.76 acres in Kannapolis.
      1520 S Cannon Blvd, Kannapolis, NC 28083
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,056 SF

      Retail Space Near I-85

      2,056 SF retail space with high-traffic location near I-85.
      2482-2498 Wonder Dr NE, Kannapolis, NC 28083
      View Details
    • $13 SF/Yr
      66,317 SF

      College Station Shopping Center

      Kannapolis Retail/Office Space
      475 Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing
      2,453 SF

      Cannon Blvd. Industrial Space Available

      Secure Industrial Space, Multiple Uses
      2881 Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing
      3,150 SF

      Kannapolis Retail Space - 3150 SF

      Prime Kannapolis retail space available.
      2115 Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing

      Corner Lot in Kannapolis, NC

      Located on a hard corner with high visibility and access.
      Kannapolis, NC 28083
      View Details
    • $950 /Mo

      Updated One-Bedroom Duplex For Rent

      One-bedroom, one-bath duplex with updated features available for rent.
      301 Plymouth St, Kannapolis, NC 28083
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1321 Cannon Blvd
    Kannapolis, NC 28083-2874
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.