Property profile

215 Gay St Kannapolis, NC 28081

OFF-MARKET
Retail space
Property ID
US53-1770254
1,326 SF 0.05 ac lot Built 1925
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,326 SF
Lot 0.05 ac (2,080 SF)
Zoning code GC
APN 5613 46 7779
UPID US53-1770254

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
  • Church

Location

215 Gay St Kannapolis, NC 28081-4706
Kannapolis metro Census 41002 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

Zoning & alternative use

GC · Kannapolis, NC
Zoning description

-AC Mixed-Use Activity Center District Section 3.4.E TOD Transit-Oriented Development District Section 3.4.H CC Center City District Section 3.4.I NONRESIDENTIAL DISTRICTS O-I Office-Institutional District Section 3.5.C…

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
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