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    Property profile & analytics

    201 Security St Kannapolis, NC 28083-2757

    • Medical offices
    • 5,145 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $1,315,000
    Last Sale
    Mar 06, 2025
    $1,345,000
    Location Intelligence
    Property ID
    US53-2039899
    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

    • Dr. Michael A. Morton Jr, DDS / Dentist
    • Dr. Eugene B. Morgan Jr, DDS / Dentist
    • CenterWell Home Health - Kannapolis / Home Health Care Service
    • Toby Dumpster Rental of Kannapolis / Dumpster Rental Service / Waste Management Service

    Property Details for 201 Security St

    Year built
    1948
    Lot size
    0.76 lot acres
    Property size
    5,145 SF
    Zone code
    C2:HIGHWAY COMMERCIAL
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    150 124
    APU
    150124

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,285,000
      6.5%
      $1,390,000
      7%
      $1,300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,535,000
      Geo Method
      $1,360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,570,000
      Retail
      $1,235,000
      Mixed-Use
      $1,525,000
      Hospitality
      $1,185,000
      Educational
      $1,220,000
      Residential Income
      $1,420,000
      Energy
      $1,525,000
      Income-Based Land
      $1,460,000
      Food Service
      $1,600,000

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6169
    Latitude
    35.5063
    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
    $6,950
    $182,083
    $392,302
    $574,385
    -
    $182,083
    $392,302
    $574,385

    Comparable in this City

    • Value Estimation by Request
      6,647 SF

      1921 Concord Lk Rd

      MEDICAL BUILDING • 6,647 SF
      1921 Concord Lk Rd, Kannapolis, NC 28083-6448
      View Details
    • Value Estimation
      $3,020,000
      9,588 SF

      614 Cannon Blvd

      MEDICAL BUILDING • 9,588 SF
      614 Cannon Blvd, Kannapolis, NC 28083-5240
      View Details
    • Value Estimation by Request
      2,102 SF

      1843 Rdg Ave

      MEDICAL BUILDING • 2,102 SF
      1843 Rdg Ave, Kannapolis, NC 28083-6149
      View Details
    • Value Estimation
      $695,000
      3,861 SF

      1829 Rdg Ave

      MEDICAL BUILDING • 3,861 SF
      1829 Rdg Ave, Kannapolis, NC 28083-6149
      View Details
    • Value Estimation
      $265,000
      2,766 SF

      401 Brookdale St

      MEDICAL BUILDING • 2,766 SF
      401 Brookdale St, Kannapolis, NC 28083-2781
      View Details
    • Value Estimation
      $110,000
      16,664 SF

      521 Cannon Blvd

      MEDICAL BUILDING • 16,664 SF
      521 Cannon Blvd, Kannapolis, NC 28083-3801
      View Details

    Similar Nearby for Sale

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      Kannapolis Commercial Property - $450K

      Prime C-2 zoned lot, 1665 sq ft, high traffic area.
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      Kannapolis Office Building For Sale

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    Similar Nearby for Lease

    • $13 SF/Yr
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      Kannapolis Retail/Office Space
      475 Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing
      2,453 SF

      Cannon Blvd. Industrial Space Available

      Secure Industrial Space, Multiple Uses
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      View Details
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      Corner Lot in Kannapolis, NC

      Located on a hard corner with high visibility and access.
      Kannapolis, NC 28083
      View Details
    • $950 /Mo

      Updated One-Bedroom Duplex For Rent

      One-bedroom, one-bath duplex with updated features available for rent.
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    • Contact for pricing
      3,150 SF

      Kannapolis Retail Space - 3150 SF

      Prime Kannapolis retail space available.
      2115 Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing
      2,056 SF

      Retail Space Near I-85

      2,056 SF retail space with high-traffic location near I-85.
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      View Details
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    Kannapolis, NC 28083-2757
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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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