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    Property profile & analytics

    2040 Wilshire SW Ct Concord, NC 28025-6417

    • Distribution centers
    • 3,240 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US53-0743130
    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

    • CMA Mechanical Heating & Air / Hvac Contractor / Air Conditioning Contractor

    Property Details for 2040 Wilshire SW Ct

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    0.52 lot acres
    Property size
    3,240 SF
    Zone code
    I-1
    Property type
    Distribution centers
    APN
    5529 79 5210
    APU
    5529795210

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $240,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $280,000
      Mixed-Use
      $225,000
      Hospitality
      $245,000
      Educational
      $240,000
      Residential Income
      $240,000
      Energy
      $220,000
      Income-Based Land
      $250,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5853
    Latitude
    35.3861
    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
    2024
    $3,788
    $93,340
    $286,980
    $380,320
    -
    $93,340
    $286,980
    $380,320

    Comparable in this City

    • Value Estimation by Request
      18,035 SF

      1801 Norland Rd

      Distribution properties • 18,035 SF
      1801 Norland Rd, Concord, NC 28025
      View Details
    • Value Estimation
      $1,075,000
      13,920 SF

      2583 Armentrout Dr

      DISTRIBUTION WAREHOUSE • 13,920 SF
      2583 Armentrout Dr, Concord, NC 28025-5864
      View Details
    • Value Estimation by Request
      9,000 SF

      4788 State Hwy

      Distribution properties • 9,000 SF
      4788 State Hwy, Concord, NC 28025
      View Details
    • Value Estimation by Request
      2.55 Acres

      185 Duval St

      Manufacturing properties • 100 SF
      185 Duval St, Concord, NC 28025
      View Details
    • Value Estimation
      $5,805,000
      13,512 SF

      615 Warren Coleman Blvd

      DISTRIBUTION WAREHOUSE • 13,512 SF
      615 Warren Coleman Blvd, Concord, NC 28025-5887
      View Details
    • Value Estimation
      $990,000
      11,880 SF

      900 Warren Coleman Blvd

      DISTRIBUTION WAREHOUSE • 11,880 SF
      900 Warren Coleman Blvd, Concord, NC 28025-5888
      View Details

    Similar Nearby for Sale

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      Concord, NC Warehouse Investment Opportunity

      18,035 SF Warehouse, 3 Buildings, $3.5M
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    • $285,000
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      Concord Industrial Land - $285K

      Rare I-2 Zoned Land, Concord, NC
      185 Duval St, Concord, NC 28025
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    • Contact for pricing
      27.66 Acres

      I-85 Industrial Land, Kannapolis, NC

      ±54 Acres, I-85 Frontage, Industrial Zoning
      73 And I-85, Kannapolis, NC 28025
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    • $499,900
      5,000 SF

      Concord Industrial Tract with Warehouse

      3+/- acre industrial tract with 5,000+/- sq. ft. warehouse.
      387 Corban Ave SW, Concord, NC 28025
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    • $1,100,000
      0.52 Acres

      Retail/Warehouse Space on Hwy 73

      11,488 SF retail/warehouse on 0.52 acres in Concord, NC.
      487 Corban Ave SE, Concord, NC 28025
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    • $3,650,000
      20.00 Acres

      Concord, NC Industrial Land - 20 Acres

      Prime 20-acre industrial lot, Hwy 49S frontage.
      251 State Hwy, Concord, NC 28025
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,920 SF

      Concord Carwash - Industrial Lease

      1920 sq ft Carwash, Flex Space Available
      91 Corban Ave, Concord, NC 28025
      View Details
    • $15 SF/Yr
      13,200 SF

      Industrial Space Available For Lease

      New industrial development with flexible building sizes and truck access.
      1108 Warren Coleman Blvd S, Concord, NC 28025
      View Details
    • Contact for pricing
      15,900 SF

      Industrial Warehouse with Outside Storage

      Warehouse space with drive-in doors and outside storage.
      290-296 Executive Park Dr NE, Concord, NC 28025
      View Details
    • Contact for pricing
      7,500 SF

      Industrial Space at Gibson Mill

      Industrial space available for lease at Gibson Mill.
      320 Sign Dr NW, Concord, NC 28025
      View Details
    • $7 SF/Yr
      20,605 SF

      Former Mill Building For Lease

      Industrial space available for lease near major highways.
      192 Manor Ave SW, Concord, NC 28025
      View Details
    • $8,300 /Mo
      8,024 SF

      Office and Warehouse Space Available

      Versatile office, warehouse, and gated lot in Concord, NC.
      829 Davidson Dr NW, Concord, NC 28025
      View Details
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    2040 Wilshire SW Ct
    Concord, NC 28025-6417
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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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