Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4968 Milestone Ave Kannapolis, NC 28081-4503

    • Assisted living facilities
    • 38,529 SF
    • 7.91 lot acres
    OFF-MARKET
    Value Estimation
    $10,440,000
    Last Sale
    Jul 09, 2024
    $10,291,500
    Location Intelligence
    Property ID
    US53-4744101
    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

    • The Landings of Cabarrus / Senior Citizen Center / Assisted Living Facility

    Property Details for 4968 Milestone Ave

    Year built
    2018
    Construction
    WOOD
    Lot size
    7.91 lot acres
    Property size
    38,529 SF
    Zone code
    AG
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    5603 13 4901
    APU
    5603134901

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,090,000
      6.5%
      $10,715,000
      7%
      $9,520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,775,000
      Geo Method
      $10,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,985,000
      Retail
      $12,055,000
      Mixed-Use
      $9,450,000
      Hospitality
      $11,070,000
      Educational
      $11,665,000
      Residential Income
      $9,985,000
      Energy
      $8,805,000
      Income-Based Land
      $9,415,000
      Food Service
      $11,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.675
    Latitude
    35.4802
    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
    $92,309
    $220,410
    $7,908,960
    $8,129,370
    -
    $220,410
    $7,908,960
    $8,129,370

    Comparable in this City

    • Value Estimation by Request
      14,248 SF

      1516 Pne St

      HOMES (RETIRED, NURSING) • 14,248 SF
      1516 Pne St, Kannapolis, NC 28081-4142
      View Details
    • Value Estimation by Request
      17,733 SF

      1285 A St

      HOMES (RETIRED, NURSING) • 17,733 SF
      1285 A St, Kannapolis, NC 28081-9501
      View Details
    • Value Estimation
      $4,005,000
      11,746 SF

      4876 Caremoor Pl

      HOMES (RETIRED, NURSING) • 11,746 SF
      4876 Caremoor Pl, Kannapolis, NC 28081-6446
      View Details
    • Value Estimation by Request
      8,756 SF

      204 Northdale Ave

      HOMES (RETIRED, NURSING) • 8,756 SF
      204 Northdale Ave, Kannapolis, NC 28081-9159
      View Details
    • Value Estimation by Request
      14,914 SF

      1310 Glenn Ave

      HOMES (RETIRED, NURSING) • 14,914 SF
      1310 Glenn Ave, Kannapolis, NC 28081-9601
      View Details
    • Value Estimation by Request
      26,242 SF

      4967 Professional Park Dr

      MEDICAL BUILDING • 26,242 SF
      4967 Professional Park Dr, Kannapolis, NC 28081-8636
      View Details

    Similar Nearby for Sale

    • $640,000
      1.45 Acres

      Kannapolis Commercial Building - 1.45 Acres

      Versatile Warehouse & Showroom Space
      1600 Main St, Kannapolis, NC 28081
      View Details
    • $350,000
      0.32 Acres

      Kannapolis Commercial Land Opportunity

      0.32-Acre Lot, $350,000
      311 Main St, Kannapolis, NC 28081
      View Details
    • $4,595,000
      109 SF

      109-Acre Residential Development Opportunity

      109-acre residential development property in a high-growth Kannapolis area.
      6304 Mooresville Rd, Kannapolis, NC 28081
      View Details
    • $2,894,738

      NNN Ground Lease Retail Property

      New 20-year NNN ground lease in high-growth Charlotte MSA.
      5040 Dogwood Blvd, Kannapolis, NC 28081
      View Details
    • $95,000
      1.12 Acres

      Kannapolis Acre Lot For Sale

      Over an acre lot near downtown Kannapolis.
      1620 Longbow Dr, Kannapolis, NC 28081
      View Details
    • $499,900
      14.18 Acres

      Kannapolis Land for Residential Development

      14 acres near downtown Kannapolis, ideal for residential development.
      4648 Nob Hill Dr, Kannapolis, NC 28081
      View Details

    Similar Nearby for Lease

    • $4,450 /Mo
      19,166 SF

      Retail Space on Main Street

      2,427 SF retail space in revitalized downtown Kannapolis.
      832 S Main St, Kannapolis, NC 28081
      View Details
    • $22 SF/Yr
      3,640 SF

      Office Building For Lease

      Office building with ample parking, convenient to retail and restaurants.
      234 Dale Earnhardt Blvd, Kannapolis, NC 28081
      View Details
    • Contact for pricing

      Mixed-Use Development in Kannapolis, NC

      Mixed-use development with shopping, housing, and neighborhood amenities.
      Kannapolis, NC 28081
      View Details
    • $35 SF/Yr
      4,500 SF

      Shell Condition Office Space

      Office space in shell condition requiring tenant build out.
      201 Dale Earnhardt Blvd, Kannapolis, NC 28081
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Growing Area

      Retail opportunities in a Lowe's anchored shopping center.
      Kannapolis Pkwy, Kannapolis, NC 28081
      View Details
    • $14 SF/Yr
      4,050 SF

      Kannapolis Parkway Commercial Building

      4,050 SF commercial building with office and warehouse space.
      3585 Kannapolis Pkwy, Kannapolis, NC 28081
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4968 Milestone Ave
    Kannapolis, NC 28081-4503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.