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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Day care centers
360 Coddle Market NW Dr, Concord, NC 28027-2413
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-5361943
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2016
Construction
WOOD
Total area
9,045 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C-2
APN
5600 49 6372
UPID
US53-5361943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Goddard School of Concord (Coddle Creek Market) Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$570k
Owner & transaction history
Orchid Holdings LLC · 10 yrs held
Orchid Holdings LLC
since 2015
4 recorded transactions
Zoning & alternative use
C-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$730,000
+48.9%
Retail stores
$720,000
+46.8%
Apartment house (5+ units)
$680,000
+38.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$490,000
Current use
INDUSTRIAL (GENERAL)
$730,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$680,000
Change: +38% · Conversion: Difficult
RESTAURANT
$655,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$475,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,159
Tax year 2024
Assessed value
$2,425,570
Assessed 2024
Previous assessed
$2,070,800
+17.1% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,015,910
Assessed improvement
$1,409,660
Land market value
$1,015,910
Improvement market value
$1,409,660
Total market value
$2,425,570
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
9,045 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C-2
APN
5600 49 6372
UPID
US53-5361943
Jurisdiction
CABARRUS
Zoning & alternative use
C-2 · Concord, NC
Zoning C-2 · permitted uses
C-2 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$490,000
INDUSTRIAL (GENERAL)
Est. value
$730,000
RETAIL STORES
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$680,000
RESTAURANT
Est. value
$655,000
MEDICAL BUILDING
Est. value
$475,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
INDUSTRIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Orchid Holdings LLC
Entity
Mailing address
360 CODDLE MARKET DR NW, CONCORD, NC 28027-2413
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2020
—
Orchid Holdings LLC
—
Deed
related
$2,527,293 · First Citizens Bank & Trust Co
Oct 28, 2015
$225,000
Orchid Holdings LLC
Allred Investments LLC
Grant Deed
related
$2,739,900 · Wells Fargo Bk
May 22, 2014
—
Allred Investments LLC
—
Trustees Deed
related
$75,000 · Bank Of Nc
—
—
Allred Investments LLC
—
Deed Of Trust
related
$598,000 · Bank Of North Carolina
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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