Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3105 Patrick Henry NW Dr Concord, NC 28027-7889

    • Garden apartment buildings
    • 15,156 SF
    • 12.54 lot acres
    OFF-MARKET
    Value Estimation
    $17,690,000
    Last Sale
    May 05, 2021
    $22,882,000
    Location Intelligence
    Property ID
    US53-1101146
    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

    • Concord Flats Apts / Apartment Complex

    Property Details for 3105 Patrick Henry NW Dr

    Year built
    1997
    Construction
    WOOD
    Lot size
    12.54 lot acres
    Property size
    15,156 SF
    Zone code
    RC
    Property type
    Garden apartment buildings
    APN
    5611 37 5181
    APU
    5611375181

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $15,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $21,085,000
      6.5%
      $23,235,000
      7%
      $22,615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $22,880,000
      Geo Method
      $19,010,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $21,515,000
      Retail
      $21,760,000
      Mixed-Use
      $21,120,000
      Hospitality
      $19,925,000
      Educational
      $25,695,000
      Residential Income
      $25,425,000
      Energy
      $19,980,000
      Income-Based Land
      $23,270,000
      Food Service
      $22,825,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6334
    Latitude
    35.4349
    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
    $265,007
    $676,800
    $25,930,370
    $26,607,170
    -
    $676,800
    $25,930,370
    $26,607,170

    Comparable in this City

    • Value Estimation by Request
      4.02 Acres

      Kannapolis Pkwy

      GARDEN APT, COURT APT (5+ UNITS) • 4.02 Acres
      Kannapolis Pkwy, Concord, NC 28027
      View Details
    • Value Estimation by Request
      11,341 SF

      240 Warren C Coleman S Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 11,341 SF
      240 Warren C Coleman S Blvd, Concord, NC 28027
      View Details
    • Value Estimation by Request
      14,691 SF

      5000 Delaney Dr

      GARDEN APT, COURT APT (5+ UNITS) • 14,691 SF
      5000 Delaney Dr, Concord, NC 28027
      View Details
    • Value Estimation by Request
      26,733 SF

      100 Hydrangea NW Cir

      GARDEN APT, COURT APT (5+ UNITS) • 26,733 SF
      100 Hydrangea NW Cir, Concord, NC 28027
      View Details
    • Value Estimation by Request
      8.55 Acres

      Central Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8.55 Acres
      Central Dr, Concord, NC 28027
      View Details
    • Value Estimation
      $17,055,000
      8,656 SF

      4400 Concord Pointe SW Ln

      GARDEN APT, COURT APT (5+ UNITS) • 8,656 SF
      4400 Concord Pointe SW Ln, Concord, NC 28027-8064
      View Details

    Similar Nearby for Sale

    • $1,799,000

      Corner Parcel in Developing Area

      Acreage in rapidly developing area with income potential.
      4940 Weddington Road Ext, Concord, NC 28027
      View Details
    • $1,000,000
      1.64 Acres

      Concord Land Development Opportunity

      1.64 acre lot zoned RC, potential for multifamily or single-family.
      520 Central Dr NW, Concord, NC 28027
      View Details
    • $475,000
      6.78 Acres

      Concord Land: 6.78 Acres, C2 Zoning

      Prime Concord location, near Charlotte Motor Speedway. High development potential.
      3201 Concord Pkwy, Concord, NC 28027
      View Details
    • $320,000
      1,642 SF

      Commercially Zoned Corner Lot Property

      Versatile property suitable for business, residential, or live/work use.
      1287 Old Charlotte Rd, Concord, NC 28027
      View Details
    • $449,000
      1,858 SF

      New Construction Home in Afton

      New construction home with master down and private courtyard.
      439 Beacon St NW, Concord, NC 28027
      View Details
    • $85,000
      0.36 Acres

      Concord, NC Single Family Residence

      Single family residence in Concord, North Carolina for sale.
      5811 Monticello Dr, Concord, NC 28027
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      1,554 SF

      Spacious Townhome in Afton Village

      Three-bedroom townhome with modern features, close to amenities.
      35 Mccurdy St NW, Concord, NC 28027
      View Details
    • Contact for pricing
      115,806 SF

      Christenbury Village Retail Spaces

      Prime Concord, NC Retail Center; Spaces Available Now
      0 Christenbury Pkwy, Concord, NC 28027
      View Details
    • $11 SF/Yr
      46,637 SF

      Springs Business Park: Flex Space Available

      Charlotte Industrial Space: 4,250 - 46,637 SF
      570 Pitts School Rd, Concord, NC 28027
      View Details
    • Contact for pricing
      2,100 SF

      Retail/Restaurant/Medical Space Near Concord Mills

      High-visibility retail space near Concord Mills with strong co-tenancy.
      3050 Derita Rd, Concord, NC 28027
      View Details
    • Contact for pricing
      67,061 SF

      Concord Retail Center - Cannon Crossroads

      High-traffic retail space, flexible layouts.
      9900 Poplar Tent Rd, Concord, NC 28027
      View Details
    • Contact for pricing
      2,665 SF

      Concord Office Space For Rent

      Office space available near Concord Mills and Great Wolf Lodge.
      7730 Bruton Smith Blvd, Concord, NC 28027
      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.
    3105 Patrick Henry NW Dr
    Concord, NC 28027-7889
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.