Property profile

2900 Armentrout Dr Concord, NC 28025

OFF-MARKET
Warehouses
Property ID
US53-5254106
21,000 SF 3.03 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1991
Construction STEEL FRAME
Total area 21,000 SF
Lot 3.03 ac (131,987 SF)
Zoning code I-2
APN 5539 15 0883
UPID US53-5254106

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
  • Building Supply Electrical Service

Location

2900 Armentrout Dr Concord, NC 28025-5840
Concord metro Census 42201 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$900k

Owner & transaction history

since 2026
1 recorded transaction
2026
Price N/A

Zoning & alternative use

I-2 · Concord, NC
Zoning description

The I-2 District is established to provide for areas of heavy and concentrated fabrication, manufacturing and industrial uses which are suitable based upon adjacent land uses, access to transportation and the availabilit…

General category INDUSTRIAL

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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