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    Property profile & analytics

    3855 Concord S Pkwy Concord, NC 28027-9057

    • Turn key restaurants
    • 1,978 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $1,115,000
    Last Sale
    Feb 16, 2022
    $1,266,000
    Location Intelligence
    Property ID
    US53-4766313
    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

    • Waffle House / Breakfast Restaurant / American Restaurant

    Property Details for 3855 Concord S Pkwy

    Year built
    2018
    Construction
    STEEL FRAME
    Lot size
    0.69 lot acres
    Property size
    1,978 SF
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    5509 32 2988
    APU
    5509322988

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,060,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,365,000
      6.5%
      $1,305,000
      7%
      $1,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,195,000
      Geo Method
      $1,210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,335,000
      Retail
      $1,470,000
      Mixed-Use
      $1,275,000
      Hospitality
      $1,580,000
      Educational
      $1,305,000
      Residential Income
      $1,210,000
      Energy
      $1,375,000
      Income-Based Land
      $1,675,000
      Food Service
      $1,630,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6663
    Latitude
    35.3679
    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
    $11,715
    $564,590
    $611,620
    $1,176,210
    -
    $564,590
    $611,620
    $1,176,210

    Comparable in this City

    • Value Estimation by Request
      7,687 SF

      7801 Gtwy NW Ln

      RESTAURANT • 7,687 SF
      7801 Gtwy NW Ln, Concord, NC 28027-4419
      View Details
    • Value Estimation by Request
      6,936 SF

      8001 Concord Mls Blvd

      RESTAURANT • 6,936 SF
      8001 Concord Mls Blvd, Concord, NC 28027-4417
      View Details
    • Value Estimation by Request
      4,783 SF

      8665 Concord Mls Blvd

      RESTAURANT • 4,783 SF
      8665 Concord Mls Blvd, Concord, NC 28027-5400
      View Details
    • Value Estimation by Request
      8,775 SF

      6097 Bayfield Pkwy

      RESTAURANT • 8,775 SF
      6097 Bayfield Pkwy, Concord, NC 28027-7597
      View Details
    • Value Estimation by Request
      6,026 SF

      7820 Lyles NW Ln

      RESTAURANT • 6,026 SF
      7820 Lyles NW Ln, Concord, NC 28027-7193
      View Details
    • Value Estimation by Request
      6,133 SF

      6081 Bayfield Pkwy

      RESTAURANT • 6,133 SF
      6081 Bayfield Pkwy, Concord, NC 28027-7597
      View Details

    Similar Nearby for Sale

    • $324,999

      Turn-Key Restaurant or Office Space

      Zoned B-1, turn-key restaurant or office space in Concord.
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      Concord Restaurant & Office Building

      Prime Concord location, 21,000 SF, $1.5M
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      Established Entertainment Space For Sale

      Retail investment opportunity in a top North Carolina tourist destination.
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    • $3,047,000
      4,262 SF

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      High-yield, corporate-guaranteed dental office.
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      Retail Center Investment Opportunity

      Retail center for sale near Concord Mills Mall.
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    • Contact for pricing
      5,300 SF

      Concord Retail Investment Opportunity

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      7840 Lyles Ln, Concord, NC 28027
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    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Retail/Restaurant/Medical Space Near Concord Mills

      High-visibility retail space near Concord Mills with strong co-tenancy.
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      View Details
    • $22 SF/Yr
      56,628 SF

      Premier Retail-Office Space Near Mall

      Class A retail and office space near Concord Mills Mall.
      8415 Pit Stop Ct, Concord, NC 28027
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space Near Concord Mills

      Retail space for lease in mixed-use center near Concord.
      2410 Herrons Nest Pl NW, Concord, NC 28027
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space Near Concord Mills

      Retail space for lease in mixed-use center near Concord.
      2405 Herrons Nest Pl NW, Concord, NC 28027
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    • Contact for pricing
      115,806 SF

      Christenbury Village Retail Spaces

      Prime Concord, NC Retail Center; Spaces Available Now
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    • $10 SF/Yr
      21,691 SF

      Retail Space in Village Center

      21,691 SF retail space available for lease now.
      280 S Concord Pkwy, Concord, NC 28027
      View Details
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    Concord, NC 28027-9057
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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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