Technical
Financial
Distress signals
Property profile

1870 Main St Kannapolis, NC 28081

OFF-MARKET
Strip malls
Property ID
US53-5329882
7,661 SF 0.98 ac lot Built 1985
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,661 SF
Lot 0.98 ac (42,863 SF)
Zoning code R4
APN 5612 69 5196
UPID US53-5329882

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
  • Restaurant

Location

1870 Main St Kannapolis, NC 28081-5947
Kannapolis metro Census 41100 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

R4 · Kannapolis, NC
Zoning description

1.A Zoning Districts Established DISTRICT SECTION IN KDO AGRICULTURAL DISTRICT AG Agricultural District Section 3.2.A RESIDENTIAL DISTRICTS R1 Residential 1 District Section 3.3.C R2 Residential 2 District Section 3.3.D…

General category CIVIC_INSTITUTIONAL

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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