Property profile

1516 Pne St Kannapolis, NC 28081

OFF-MARKET
Assisted living facilities
Property ID
US53-1695359
14,248 SF 3.43 ac lot Built 1975
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1975
Total area 14,248 SF
Lot 3.43 ac (149,411 SF)
Zoning code R18
APN 5604 90 5324
UPID US53-1695359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1516 Pne St Kannapolis, NC 28081-4142
Kannapolis metro Census 41002 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2014
5 recorded transactions
2014
$2.7M
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R18 · Kannapolis, NC
Zoning description

The purpose of the Residential 18 (R18) District is to provide lands for primarily residential neighborhoods that include a variety of residential uses, including duplexes, triplexes, townhouses, and multifamily developm…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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