Technical
Financial
Distress signals
Property profile

1705 Cannon Blvd Kannapolis, NC 28083

OFF-MARKET
Automotive properties
Property ID
US53-3646658
1,262 SF 1.98 ac lot Built 1953
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1953
Construction WOOD
Total area 1,262 SF
Lot 1.98 ac (86,249 SF)
Zoning code GC
APN 5623 00 7119
UPID US53-3646658

Cap rate & NOI

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

Location

1705 Cannon Blvd Kannapolis, NC 28083-6103
Kannapolis metro Census 40703 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k

Owner & transaction history

since 2021
Last sale
$900,000
1 recorded transaction
2021
$900,000

Zoning & alternative use

GC · Kannapolis, NC
Zoning description

-AC Mixed-Use Activity Center District Section 3.4.E TOD Transit-Oriented Development District Section 3.4.H CC Center City District Section 3.4.I NONRESIDENTIAL DISTRICTS O-I Office-Institutional District Section 3.5.C…

General category COMMERCIAL

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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