Financial
Distress signals
Property profile

316 Brookdale St Kannapolis, NC 28083

FOR SALE
Turn key restaurants
Property ID
US53-1945146
9,024 SF 1.6 ac lot Built 1978
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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316 Brookdale St, Kannapolis, NC 28083 For Sale
Contact for pricing 9,024 SF
316 Brookdale St, Kannapolis, NC 28083
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Property summary

AI-generated overview

This exceptional 9,000-square-foot freestanding restaurant building is situated on a 1.6-acre lot in Kannapolis, North Carolina, at 316 Brookdale Street, zip code 28083. Currently tenant-occupied, the property boasts a recently completed, high-quality upfit designed for a Mexican seafood concept. The tenant operates a two-unit restaurant chain and has a five-year lease in place, commencing early 2024, with escalating rent and option periods. The property benefits from a high-traffic

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$1.00M
Assessed land$401k
Assessed improvement$602k
Effective rate1.21%

Value estimate

· Sep 2026
$575k
$518k – $633k
Sales comparison$605k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$67 – $185

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2:HIGHWAY COMMERCIAL
JurisdictionROWAN

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 agency33.3
Dental Office25.0
Law Firm22.7

Location

316 Brookdale St Kannapolis, NC 28083
County assessor Recorded deeds · not on file 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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