Technical
Financial
Distress signals
Property profile

2225 Roxie NE St Kannapolis, NC 28083

OFF-MARKET
Strip malls
Property ID
US53-1629843
11,700 SF 1.37 ac lot Built 2004
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,700 SF
Lot 1.37 ac (59,677 SF)
Zoning code GC
APN 5622 57 1902
UPID US53-1629843

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
  • Dental Office
  • Dental Office

Location

2225 Roxie NE St Kannapolis, NC 28083-6490
Kannapolis metro Census 40703 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2019
7 recorded transactions
2019
$2.2M
2016
$1.6M
2013
$1.2M
2012
$960,000
2006
$2.9M
2004
$2.7M
1969
Price N/A

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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