Property profile

4651 Corporate Dr Northwest Concord, NC 28027

FOR LEASE
Industrial properties
Property ID
US53-1622387
2.16 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 4651 Corporate Drive in Concord, North Carolina, offers a unique blend of executive office and warehouse space. The 74,094 square foot building is currently fully vacant and available for lease, presenting a rare opportunity for a single tenant or multiple tenants. The flexible layout allows for spaces ranging from a minimum of 6,193 square feet to a maximum contiguous space of 12,387 square feet, accommodating a variety of business needs. The property boasts impressive features including 32-foot clear ceiling heights in the warehouse area, perfect for high-volume storage or manufacturing. Access is facilitated by 22 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 160 spaces available for tenants and their clients. The property is zoned I-2, offering versatility for various industrial and commercial uses. Situated in Cabarrus County, this location provides easy access to major transportation routes and a thriving business community. The building is divided into 8 individual suites, offering flexibility for various occupancy scenarios. This prime Concord location, with its exceptional features and ample space, represents a significant opportunity for businesses seeking a modern and functional workspace. The property's size and zoning make it ideal for a variety of businesses, from distribution centers to light manufacturing and office operations. Contact us today to learn more about leasing this exceptional property.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 2.16 ac (93,915 SF)
Zoning code I-2
APN 5601 73 6786
UPID US53-1622387

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4651 Corporate Dr Northwest Concord, NC 28027
Concord metro Census 42501 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2020
3 recorded transactions
2020
$17.0M
2020
Price N/A
2017
Price N/A

Zoning & alternative use

I-2 · Concord, NC
Zoning description

The I-2 District is established to provide for areas of heavy and concentrated fabrication, manufacturing and industrial uses which are suitable based upon adjacent land uses, access to transportation and the availabilit…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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