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    Property profile & analytics

    4338 Motorsports SW Dr Concord, NC 28027-8977

    • Distribution centers
    • 10,000 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $830,000
    Last Sale
    Jan 02, 2020
    $817,000
    Location Intelligence
    Property ID
    US53-0568237
    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

    • Gre​at Glide Mobile Detailing Corp. / Car Detailing Service
    • Best Glide Mobile Detailing / Car Detailing Service
    • Steadfleet Heavy Equipment Repair / Repair Service / Road Construction Machine Repair Service

    Property Details for 4338 Motorsports SW Dr

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    1.70 lot acres
    Property size
    10,000 SF
    Zone code
    I-1
    Property type
    Distribution centers
    APN
    5518 68 6335
    APU
    5518686335

    Description

    This exceptional 5,000-square-foot industrial property, located at 4338 Motorsports Dr SW in Concord, North Carolina, presents a fantastic leasing opportunity. The building is classified as a single-tenant flex/warehouse space, ideal for a variety of businesses requiring both office and warehouse functionality. The property boasts a spacious layout with ceiling heights ranging from 12.25 feet to 15.5 feet, providing ample vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading of goods. The zoning designation is I-1, suitable for a range of industrial uses. The property is situated in Cabarrus County, North Carolina, with a zip code of 28027, offering easy access to major transportation routes. The entire 5,000 square feet is currently vacant and ready for immediate occupancy. The property's APN is 55186863350000. This is a rare opportunity to secure a well-located, versatile industrial space in a thriving area. Contact us today to schedule a viewing and explore the possibilities this property offers for your business.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $800,000
      6.5%
      $740,000
      7%
      $850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $915,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $765,000
      Retail
      $790,000
      Mixed-Use
      $795,000
      Hospitality
      $925,000
      Educational
      $890,000
      Residential Income
      $905,000
      Energy
      $935,000
      Income-Based Land
      $675,000
      Food Service
      $750,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6213
    Latitude
    35.3558
    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
    $6,806
    $355,620
    $825,220
    $1,180,840
    -
    $355,620
    $825,220
    $1,180,840

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      5,000 SF

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      DISTRIBUTION WAREHOUSE • 5,000 SF
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      View Details

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    Concord, NC 28027-8977
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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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