Financial
Distress signals
Property profile

2960 Dale Earnhardt Blvd Kannapolis, NC 28083

FOR SALE
Retail space
Property ID
US53-2027575
1,616 SF 0.27 ac lot Built 1967
Last sale Jun 2009 · $184,500
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a corner commercial building located near I-85 (Exit 60), with approximately 86 feet of frontage on Dale Earnhardt Blvd and a lot depth of about 150 feet. It sits in a high-traffic retail/business area and is zoned for general commercial use, supporting multiple commercial uses. The building totals about 1,580 square feet and includes a metal roof, two restrooms, a handicap-accessible ramp, and a storage area, with concrete parking located at the rear. It has historically been

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$353k
Assessed land$245k
Assessed improvement$109k
Effective rate1.14%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 2.83% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$51 – $118

Cap rate analysis

How does the asset earn?
2.83%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
The purpose of the General Commercial (GC) District is to provide lands to accommodate a broad range of nonresidential uses characterized...
General categoryCOMMERCIAL
JurisdictionCABARRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Law Firm11.7
Building Supply11.3

Location

2960 Dale Earnhardt Blvd Kannapolis, NC 28083
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
718 Cannon, Kannapolis, NC 28083-3704 $75,000 Feb 2025 1,274 SF
2871 Cannon, Kannapolis, NC 28083-9124 $565,000 Dec 2021 2,040 SF
604 Cannon, Kannapolis, NC 28083-3702 $240,000 Nov 2021 2,320 SF
1404 Rdg, Kannapolis, NC 28083-1704 $155,000 Mar 2021 2,418 SF
670 Cannon, Kannapolis, NC 28083-3779 $270,000 Dec 2020 2,000 SF
1201 Cannon, Kannapolis, NC 28083-2862 $175,000 Dec 2020 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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