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Property profile

363 Church St North Concord, NC 28025

FOR LEASE
Other office properties
Property ID
US53-4749767
37,619 SF 5.11 ac lot Built 1940
Last sale Jan 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 363 Church St N, Concord, NC 28025 is a mixed-use building that includes retail areas, executive office suites, creative workspaces, key-man and shared office space, and medical office space. Its layout is configured to support multiple business sectors within the same structure. The building is located less than one mile from downtown Concord, placing it near the city’s central commercial and cultural activity.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$4.29M
Assessed land$2.18M
Assessed improvement$2.11M
Effective rate0.54%

Value estimate

· Oct 2026
$4.27M
$3.84M – $4.70M
Submarket $/SF estimate$4.70M
NOI build-up
Gross scheduled income$888k
Vacancy & credit loss−$186k
Operating expenses−$175k
NOI · 2,630,700.00% cap applied$526k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$82 – $178
Qualifying comparables12

Cap rate analysis

How does the asset earn?
2,630,700.00%
$526k 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?
C-2
The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping cente...
General categoryCOMMERCIAL
JurisdictionCABARRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.8
Pharmacy16.5
Electrical Service14.2

Location

363 Church St North Concord, NC 28025
County assessor Recorded deeds · 1 transfer 12 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Church S, Concord, NC 28025-3512 $850,000 Apr 2025 3,993 SF
2320 Concord Lk, Concord, NC 28025-2814 $1,880,000 Mar 2025 11,561 SF
47 Un N, Concord, NC 28025-4726 $1,070,000 Feb 2025 9,388 SF
1000 Progress, Concord, NC 28025-2449 $42,000,000 Oct 2024 122,182 SF
1025 Vinehaven NE, Concord, NC 28025-2439 $549,000 Jun 2024 8,517 SF
43 Church S, Concord, NC 28025-3511 $425,000 Sep 2022 4,480 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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