Technical
Financial
Distress signals
Property profile

2925 Armentrout Dr Concord, NC 28025

OFF-MARKET
Manufacturing properties
Property ID
US53-1840850
41,039 SF 6.31 ac lot Built 1987
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 1987
Construction CONCRETE
Total area 41,039 SF
Lot 6.31 ac (274,864 SF)
Zoning code I-2
APN 5539 15 1256
UPID US53-1840850

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
  • Big Box & Wholesale Store Food Market
  • Food Processing Plant

Location

2925 Armentrout Dr Concord, NC 28025-5841
Concord metro Census 42201 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2017
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2925 Armentrout Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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