Property profile

4968 Milestone Ave Kannapolis, NC 28081

OFF-MARKET
Assisted living facilities
Property ID
US53-4744101
38,529 SF 7.91 ac lot Built 2018
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2018
Construction WOOD
Total area 38,529 SF
Lot 7.91 ac (344,429 SF)
Zoning code AG
APN 5603 13 4901
UPID US53-4744101

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

4968 Milestone Ave Kannapolis, NC 28081-4503
Kannapolis metro Census 41202 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.29M

Owner & transaction history

since 2024
Last sale
$10.3M
5 recorded transactions
2024
$10.3M
2019
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

AG · Kannapolis, NC
Zoning description

ts Established. The boundaries of the zoning districts are identified on the Zoning Map, in accordance with Section 1.7, Zoning Map. TABLE 3.1.A Zoning Districts Established DISTRICT SECTION IN KDO AGRICULTURAL DISTRICT…

General category AGRICULTURAL
Top alternative use upside
Apartment house (5+ units) $6.5M +367.3%

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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