Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    267 Cbrrus Ve Wa Concord, NC 28025
    Back to Search
    Property profile & analytics

    267 Cbrrus Ve Wa, Concord, NC 28025

    View on Map
    • Retail space
    • 2,464 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Apr 21, 2021
    $65,000
    Property ID
    US53-1078199
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 267 Cbrrus Ve Wa

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Zone code
    C-2
    Property type
    Retail space
    APN
    5620 65 5970
    APU
    5620655970

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2021 $65,000 Moises Cruz Troutmand Land Investments INC Warranty Deed —
    Mar 29, 2018 $18,867 Troutman Land Investments INC Director Compliance South Atla|pryor,raymond L Trustees Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5888
    Latitude
    35.4045
    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
    $1,187
    $111,080
    $8,090
    $119,170
    -
    $111,080
    $8,090
    $119,170

    Comparable in this City

    • Value Estimation by Request
      2,190 SF

      426 Lincoln SW St

      RETAIL STORES (PERSONAL SERVICES)
      426 Lincoln SW St, Concord, NC 28025-5477
      View Details
    • Value Estimation
      $1,850,000
      10,259 SF

      895 Un S St

      RETAIL STORES (PERSONAL SERVICES)
      895 Un S St, Concord, NC 28025-5725
      View Details
    • Value Estimation by Request
      7,158 SF

      550 Church N St

      RETAIL STORES (PERSONAL SERVICES)
      550 Church N St, Concord, NC 28025-4400
      View Details
    • Value Estimation by Request
      1,148 SF

      1837 Cline School Rd

      RETAIL STORES (PERSONAL SERVICES)
      1837 Cline School Rd, Concord, NC 28025-7332
      View Details
    • Value Estimation by Request
      10,000 SF

      83 Mccachern SE Blvd

      RETAIL STORES (PERSONAL SERVICES)
      83 Mccachern SE Blvd, Concord, NC 28025-3558
      View Details
    • Value Estimation by Request
      2,248 SF

      29 Un S St

      RETAIL STORES (PERSONAL SERVICES)
      29 Un S St, Concord, NC 28025-5009
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,929 SF

      High Traffic Retail Space

      Retail space with high visibility and updated systems.
      1388 Warren Coleman Blvd, Concord, NC 28025
      View Details
    • Contact for pricing
      2,538 SF

      Retail Property in Concord, NC

      Retail space available for sale in Concord, North Carolina.
      271 Copperfield Blvd NE, Concord, NC 28025
      View Details
    • Contact for pricing
      11,488 SF

      Retail/Warehouse Space on Hwy 73

      11,488 sq ft retail/warehouse space on 0.52 acres.
      487 Corban Ave SE, Concord, NC 28025
      View Details
    • $1,100,000
      11,488 SF

      Retail/Warehouse Space on Hwy 73

      11,488 sq ft retail/warehouse space on 0.52 acres.
      487 Corban Ave SE, Concord, NC 28025
      View Details
    • Contact for pricing
      9,996 SF

      Downtown Concord Buildings and Land

      Assemblage of buildings and land in Downtown Concord.
      4 Union St S, Concord, NC 28025
      View Details
    • Contact for pricing
      13,079 SF

      Landmark Building in Downtown Concord

      Former bank building with flexible space and ample parking.
      50 Union St N, Concord, NC 28025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,450 SF

      Renovated Retail/Office Space Available

      Market Street facing space ideal for retail or office.
      37 Market St SW, Concord, NC 28025
      View Details
    • $3,250 /Mo
      871 SF

      Downtown Concord Commercial Space Available

      Prime commercial space in the heart of Downtown Concord.
      14 Cabarrus Ave W, Concord, NC 28025
      View Details
    • Contact for pricing
      678 SF

      Downtown Concord Retail Space Available

      Highly visible retail suite in revitalized Concord city center.
      25 Barbrick Ave SW, Concord, NC 28025
      View Details
    • Contact for pricing

      Concord Retail Space Available

      Retail space available, totaling 137,657 SqFt in Concord, NC.
      1480 Concord Pkwy N, Concord, NC 28025
      View Details
    • Contact for pricing
      9,600 SF

      Freestanding Grocery-Adjacent Retail Building

      Leasing options anchored by Food Lion with substantial parking and long frontage along South Union Street.
      860 Union St South, Concord, NC 28025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    267 Cbrrus Ve Wa
    Concord, NC 28025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    267 Cbrrus Ve Wa, Concord, NC, 28025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!