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Property profile & analytics
OFF-MARKET
Estimated value
$6,105,000
Garden apartment buildings
1711 Hampton Frst Dr Concord, NC 28027-7720
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-2132437
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1999
Construction
WOOD
Total area
15,510 SF
Lot
4.71 ac (205,168 SF)
Zoning code
R18
APN
5601 79 3099
UPID
US53-2132437
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
by Request
Comparable Approach
Comparable
$4.13M
Blend (final)
Blend
$6.11M
Owner & transaction history
Trinity Station Owner LLC · 5 yrs held
Trinity Station Owner LLC
since 2020
Last sale
$7.0M
3 recorded transactions
Zoning & alternative use
R18 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,905,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.11M
Range $5.49M – $6.72M · ±10% · vs last sale $7.03M (Oct 2 2020)
Last sale anchor
$7.03M
Oct 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$394 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$104,306
Tax year 2024
Assessed value
$9,185,910
Assessed 2024
Previous assessed
$3,879,480
+136.8% YoY
Effective rate
1.14%
On assessed value
Assessed land
$230,670
Assessed improvement
$8,955,240
Land market value
$230,670
Improvement market value
$8,955,240
Total market value
$9,185,910
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
4
Stories
3
Units
24
Bathrooms
1
Total area
15,510 SF
Lot
4.71 ac (205,168 SF)
Zoning code
R18
APN
5601 79 3099
UPID
US53-2132437
Jurisdiction
CABARRUS
Zoning & alternative use
R18 · Concord, NC
Zoning R18 · permitted uses
R18 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
4
Units
24
Bathrooms
1
Lot
4.71 ac
Current owner
From public records · entity-resolved
Trinity Station Owner LLC
Entity
Free & Clear · 5 yrs held
Mailing address
112 S FRENCH ST105MP, WILMINGTON, DE 19801-5035
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2020
$7,030,000
Trinity Station Owner LLC
Threshold Waco Nc-hf LLC
Grant Deed
—
Oct 7, 2016
$3,769,500
Threshold Carolinas 15-hf LLC
Concord Six LLC
Grant Deed
$3,105,000 · Berkadia Com'l Mtg
Nov 6, 2006
—
Concord Six LLC
Concord Six Mezzanine LLC
Special Warranty Deed
$36,100,000 · Greenwich Capital Financial Product
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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