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    Property profile & analytics

    367 Corban SW Ave Concord, NC 28025-5160

    • Industrial properties
    • 37,170 SF
    • 3.47 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US53-5259176
    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

    • Summit Dance Company / Dance School

    Property Details for 367 Corban SW Ave

    Year built
    1910
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.47 lot acres
    Property size
    37,170 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    5620 54 8690
    APU
    5620548690

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $540,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $665,000
      Mixed-Use
      $675,000
      Hospitality
      $610,000
      Educational
      $615,000
      Residential Income
      $645,000
      Energy
      $675,000
      Income-Based Land
      $670,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5911
    Latitude
    35.4008
    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
    $13,550
    $483,320
    $877,130
    $1,360,450
    -
    $483,320
    $877,130
    $1,360,450

    Comparable in this City

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      23,200 SF

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      INDUSTRIAL (GENERAL) • 23,200 SF
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      INDUSTRIAL (GENERAL) • 17,580 SF
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      0.81 Acres

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      INDUSTRIAL (GENERAL) • 0.81 Acres
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    Similar Nearby for Sale

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      20.00 Acres

      Concord, NC Industrial Land - 20 Acres

      Prime 20-acre industrial lot, Hwy 49S frontage.
      251 State Hwy 49, Concord, NC 28025
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    • $499,900
      5,000 SF

      Concord Industrial Tract with Warehouse

      3+/- acre industrial tract with 5,000+/- sq. ft. warehouse.
      387 Corban Ave SW, Concord, NC 28025
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    Similar Nearby for Lease

    • $15 SF/Yr
      13,200 SF

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      New industrial development with flexible building sizes and truck access.
      1108 Warren Coleman Blvd S, Concord, NC 28025
      View Details
    • $8,300 /Mo
      8,024 SF

      Office and Warehouse Space Available

      Versatile office, warehouse, and gated lot in Concord, NC.
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      View Details
    • $15 SF/Yr
      1,920 SF

      Concord Carwash - Industrial Lease

      1920 sq ft Carwash, Flex Space Available
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    • Contact for pricing
      7,500 SF

      Industrial Space at Gibson Mill

      Industrial space available for lease at Gibson Mill.
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      View Details
    • $7 SF/Yr
      20,605 SF

      Former Mill Building For Lease

      Industrial space available for lease near major highways.
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    • Contact for pricing
      15,900 SF

      Industrial Warehouse with Outside Storage

      Warehouse space with drive-in doors and outside storage.
      290-296 Executive Park Dr NE, Concord, NC 28025
      View Details
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    367 Corban SW Ave
    Concord, NC 28025-5160
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    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
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