Property profile & analytics
500 Cannon Blvd Kannapolis, NC 28083
- Office Properties & Spaces
- 5,944 SF
- 0.47 lot acres
Location Intelligence
Property ID
US53-0971056
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
- Kannapolis Real Estate Advisors / Real Estate Agency / Property Management Company
Property Details for 500 Cannon Blvd
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.47 lot acres
- Property size
- 5,944 SF
- Zone code
- GC
- Property type
- Office Properties & Spaces
- APN
- 5623 06 2612
- APU
- 5623062612
Description
This exceptional 0.67-acre office building is strategically located on heavily trafficked NC Highway 29 in the heart of Kannapolis, North Carolina. Priced at $695,000, the property offers immediate income potential with existing month-to-month leases in place for the owner and two additional tenants. The building's prime location provides easy access to major transportation arteries, including Interstate 85 (within a 3.5-4 mile radius of exits 58, 60, and 63). Its proximity to Downtown Kannapolis, the NC Research Campus, and Atrium Health Stadium further enhances its desirability and potential for future growth. The sale includes the building only
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $345,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $330,000
- Mixed-Use
- $405,000
- Hospitality
- $320,000
- Educational
- $350,000
- Residential Income
- $315,000
- Energy
- $390,000
- Income-Based Land
- $305,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Kannapolis
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.6118
- Latitude
- 35.4885
- 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
$7,155
$456,000
$174,160
$630,160
-
$456,000
$174,160
$630,160
