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    Property profile & analytics

    1408 Glenn Ave Kannapolis, NC 28081

    • Industrial properties
    • 26,000 SF
    • 2.29 lot acres
    For Lease
    View listing
    Value Estimation
    $710,000
    Last Sale
    Apr 26, 2023
    $750,000
    Location Intelligence
    Property ID
    US53-3427072
    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

    • Industrial properties

    Property Details for 1408 Glenn Ave

    Year built
    1960
    Lot size
    2.29 lot acres
    Property size
    26,000 SF
    Zone code
    OI:OFFICE INSTITUTIONAL
    Property type
    Industrial properties
    APN
    153 014
    APU
    153014

    Description

    This 17,500-square-foot light manufacturing facility in Kannapolis, NC, offers multiple tenancy options. Located at 1408 Glenn Ave, zip code 28081, this property presents a fantastic opportunity for businesses seeking flexible space solutions. Currently, 18,500 square feet is available for lease, divisible into units as small as 1,000 square feet. Larger tenants can occupy up to 13,000 contiguous square feet, providing scalability for growing companies. The property's industrial classification makes it suitable for a variety of light manufacturing operations. Its location in Kannapolis offers convenient access to transportation routes and local amenities, making it an attractive option for businesses seeking a strategic location in North Carolina. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Interested parties are encouraged to inquire about lease terms and availability. This is an exceptional opportunity to secure prime industrial space in a thriving North Carolina market. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $710,000
      7%
      $780,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $765,000
      Geo Method
      $720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $730,000
      Mixed-Use
      $730,000
      Hospitality
      $750,000
      Educational
      $795,000
      Residential Income
      $860,000
      Energy
      $815,000
      Income-Based Land
      $650,000
      Food Service
      $720,000

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6342
    Latitude
    35.516
    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
    $2,498
    $157,337
    $49,074
    $206,411
    -
    $157,337
    $49,074
    $206,411

    Comparable in this City

    • Value Estimation
      $2,010,000
      9,600 SF

      1548 Roger Dale Carter Dr, Unit B

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,600 SF
      1548 Roger Dale Carter Dr, Kannapolis, NC 28081-7729
      View Details
    • Value Estimation by Request
      9,600 SF

      1548 Roger Dl Carter Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,600 SF
      1548 Roger Dl Carter Dr, Kannapolis, NC 28081-7729
      View Details
    • Value Estimation
      $880,000
      14,423 SF

      729 Main St

      INDUSTRIAL (GENERAL) • 14,423 SF
      729 Main St, Kannapolis, NC 28081-4915
      View Details
    • Value Estimation
      $285,000
      3,840 SF

      1511 Main St

      INDUSTRIAL (GENERAL) • 3,840 SF
      1511 Main St, Kannapolis, NC 28081-2315
      View Details
    • Value Estimation
      $3,280,000
      4,749 SF

      1608 Main St

      INDUSTRIAL (GENERAL) • 4,749 SF
      1608 Main St, Kannapolis, NC 28081-2318
      View Details
    • Value Estimation by Request
      9,600 SF

      1548 Roger Dale Carter Dr, Unit C

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,600 SF
      1548 Roger Dale Carter Dr, Kannapolis, NC 28081-7729
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      17,500 SF

      Kannapolis Industrial Space For Lease

      Light manufacturing space, flexible layouts.
      1408 Glenn Ave, Kannapolis, NC 28081
      View Details
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      View Details
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    Kannapolis, NC 28081
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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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