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Property profile & analytics
OFF-MARKET
Estimated value
$50,685,000
Assisted living facilities
430 Brookwood NE Ave Concord, NC 28025-2566
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1206140
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,433 SF
Lot
6.18 ac (269,201 SF)
Zoning code
RM-2
APN
5621 95 0283
UPID
US53-1206140
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
-
Universal Healthcare/Concord Community Center
-
Cabarrus Health & Rehabilitation Center Nursing Home
-
Keri Canevari Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$50.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$50.69M
Owner & transaction history
430 Brookwood Avenue LLC · 2 yrs held
430 Brookwood Avenue LLC
since 2024
Last sale
$50.7M
4 recorded transactions
Zoning & alternative use
RM-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$50,685,000
ML approach
$50,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$50.69M
Range $45.62M – $55.75M · ±10% · vs last sale $50.68M (Jun 5 2024)
Last sale anchor
$50.68M
Jun 5 2024
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
$1,319 / 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
$56,450
Tax year 2024
Assessed value
$5,667,670
Assessed 2024
Previous assessed
$5,213,430
+8.7% YoY
Effective rate
1.00%
On assessed value
Assessed land
$285,520
Assessed improvement
$5,382,150
Land market value
$285,520
Improvement market value
$5,382,150
Total market value
$5,667,670
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
72
Bathrooms
66
Total area
38,433 SF
Lot
6.18 ac (269,201 SF)
Zoning code
RM-2
APN
5621 95 0283
UPID
US53-1206140
Jurisdiction
CABARRUS
Zoning & alternative use
RM-2 · Concord, NC
Zoning RM-2 · permitted uses
RM-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.
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
72
Bathrooms
66
Lot
6.18 ac
Current owner
From public records · entity-resolved
430 Brookwood Avenue LLC
Entity
Mailing address
3763 GOLF DR NE, CONOVER, NC 28613-9455
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 5, 2024
$50,683,000
430 Brookwood Avenue LLC
Universal Properties Concord LLC
Special Warranty Deed
$174,000,000 · Ctr Partnership LP
Apr 15, 2020
$4,750,000
Universal Properties Of Concord L
Ags Corp
Warranty Deed
—
Apr 15, 2020
—
Universal Propertles Of Concord L
A G S Corp
Grant Deed
—
Mar 23, 2020
—
A G S Corp
A G S Corp
Quit Claim Deed
related
—
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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