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    Property profile & analytics

    2320 Concord Lk Rd Concord, NC 28025-2814

    • Medical offices
    • 11,561 SF
    • 2.50 lot acres
    OFF-MARKET
    Value Estimation
    $1,815,000
    Last Sale
    Mar 13, 2025
    $1,880,000
    Location Intelligence
    Property ID
    US53-2209990
    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. Philip M. Sobo, DDS / Dentist
    • Kannapolis Family Dental Care / Dentist
    • Charles Armworthy Straughan / Dentist
    • Zachary Williams / Dentist / Practitioner Service Location

    Property Details for 2320 Concord Lk Rd

    Year built
    1987
    Construction
    WOOD
    Lot size
    2.50 lot acres
    Property size
    11,561 SF
    Zone code
    O-I
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    5622 33 0617
    APU
    5622330617

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,790,000
      7%
      $1,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,700,000
      Geo Method
      $2,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,160,000
      Retail
      $1,800,000
      Mixed-Use
      $2,065,000
      Hospitality
      $2,110,000
      Educational
      $2,050,000
      Residential Income
      $2,045,000
      Energy
      $2,130,000
      Income-Based Land
      $2,030,000
      Food Service
      $1,955,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.602
    Latitude
    35.453
    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
    $18,800
    $1,180,580
    $475,070
    $1,655,650
    -
    $1,180,580
    $475,070
    $1,655,650

    Comparable in this City

    • Value Estimation by Request
      16,104 SF

      320 Copperfield NE Blvd

      MEDICAL BUILDING • 16,104 SF
      320 Copperfield NE Blvd, Concord, NC 28025-2422
      View Details
    • Value Estimation
      $345,000
      3,896 SF

      217 Church NE St

      MEDICAL BUILDING • 3,896 SF
      217 Church NE St, Concord, NC 28025-4763
      View Details
    • Value Estimation
      $1,195,000
      7,408 SF

      980 Lee Ann NE Dr

      MEDICAL BUILDING • 7,408 SF
      980 Lee Ann NE Dr, Concord, NC 28025-2957
      View Details
    • Value Estimation
      $310,000
      0.52 Acres

      Dickens Pl

      MEDICAL BUILDING • 0.52 Acres
      Dickens Pl, Concord, NC 28025
      View Details
    • Value Estimation by Request
      5,928 SF

      398 Copperfield NE Blvd

      MEDICAL BUILDING • 5,928 SF
      398 Copperfield NE Blvd, Concord, NC 28025-2402
      View Details
    • Value Estimation by Request
      14,660 SF

      202 Mcgill NW Ave

      MEDICAL BUILDING • 14,660 SF
      202 Mcgill NW Ave, Concord, NC 28025-4615
      View Details

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    Similar Nearby for Lease

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      Renovated 3,007 SF medical/dental office in downtown Concord.
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      View Details
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      6,728 SF

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      View Details
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      Retail/Office Space For Lease

      Versatile retail or office space in a high-traffic commercial district.
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      View Details
    • $8,300 /Mo
      8,024 SF

      Office and Warehouse Space Available

      Versatile office, warehouse, and gated lot in Concord, NC.
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    • $20 SF/Yr
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      Renovated Mill Building Office Space

      Office space in renovated mill building with modern finishes.
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    • $23 SF/Yr
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      Market Street facing space ideal for retail or office.
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      View Details
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    2320 Concord Lk Rd
    Concord, NC 28025-2814
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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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