Property profile

2020 Kannapolis Hwy Concord, NC 28027

OFF-MARKET
Grocery and convenience stores
Property ID
US53-5485889
4,622 SF 0.82 ac lot Built 1998
Entity Owned 17-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,622 SF
Lot 0.82 ac (35,719 SF)
Zoning code C-2
APN 5612 82 9051
UPID US53-5485889

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
  • Grocery & Convenience Store
  • Charitable Organization
  • Atm Bank

Location

2020 Kannapolis Hwy Concord, NC 28027-4147
Concord metro Census 42402 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2008
4 recorded transactions
2024
Price N/A
2016
Price N/A
2008
$800,000
1969
Price N/A

Zoning & alternative use

C-2 · Concord, NC
Zoning description

The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping centers, repair shops, wholesale businesses, and retail sales with limited outdoor displ…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2020 Kannapolis Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message