Property profile

500 Laureate Way Kannapolis, NC 28081

OFF-MARKET
Life science properties
Property ID
US53-1502816
128,064 SF 2.68 ac lot Built 2007
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 2007
Construction STEEL FRAME
Total area 128,064 SF
Lot 2.68 ac (116,741 SF)
Zoning code CC
APN 5614 61 4508
UPID US53-1502816

Cap rate & NOI

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

Location

500 Laureate Way Kannapolis, NC 28081-3379
Kannapolis metro Census 41002 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$940k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

Zoning & alternative use

CC · Kannapolis, NC
Zoning description

CC 50 NOTES: [1] Applies to ground floor building façade having frontage on a public or private street, a pedestrian way, or an open space set-aside. b. UPPER FLOOR WINDOWS All upper floor windows shall be recessed, with…

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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