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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Distribution centers
470 Dwight SW Pl, Concord, NC 28027-8792
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2000222
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
STEEL FRAME
Total area
5,000 SF
Lot
3.71 ac (161,608 SF)
Zoning code
I-1
APN
5509 97 7037
UPID
US53-2000222
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$920k
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$770k
Owner & transaction history
J & J Tractor Repair Of Nc INC · 5 yrs held
J & J Tractor Repair Of Nc INC
since 2020
Last sale
$775,000
2 recorded transactions
Zoning & alternative use
I-1 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+115.4%
Auto repair, garage
$720,000
+40.2%
Retail stores
$660,000
+28.9%
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
$760,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$995,000
6.5%
$920,000
7%
$855,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
MEDICAL BUILDING
$1,105,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +40% · Conversion: Easy
RETAIL STORES
$660,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $775k (Sep 17 2020)
Last sale anchor
$775k
Sep 17 2020
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
$154 / 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
$9,450
Tax year 2024
Assessed value
$948,820
Assessed 2024
Previous assessed
$800,690
+18.5% YoY
Effective rate
1.00%
On assessed value
Assessed land
$577,440
Assessed improvement
$371,380
Land market value
$577,440
Improvement market value
$371,380
Total market value
$948,820
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
3
Total area
5,000 SF
Lot
3.71 ac (161,608 SF)
Zoning code
I-1
APN
5509 97 7037
UPID
US53-2000222
Jurisdiction
CABARRUS
Zoning & alternative use
I-1 · Concord, NC
Zoning I-1 · permitted uses
I-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$515,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$660,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
3.71 ac
Current owner
From public records · entity-resolved
J & J Tractor Repair Of Nc INC
Entity
Mailing address
3408 N GRAHAM ST, CHARLOTTE, NC 28206-1900
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2020
$775,000
J & J Tractor Repair Of Nc INC
Bing C Aycock
Warranty Deed
$620,000 · Charlotte Metro FCU
—
—
Bing C Aycock
—
Deed Of Trust
related
$339,690 · Branch Banking & Trust Co
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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