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    Property profile & analytics

    5200 Rogers Lk Rd Kannapolis, NC 28081-8461

    • Garden apartment buildings
    • 39,678 SF
    • 25.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 08, 2024
    $59,000,000
    Location Intelligence
    Property ID
    US53-1060015
    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

    • Garden apartment buildings

    Property Details for 5200 Rogers Lk Rd

    Year built
    2021
    Construction
    WOOD
    Lot size
    25.80 lot acres
    Property size
    39,678 SF
    Zone code
    GC
    Property type
    Garden apartment buildings
    APN
    5602 39 3995
    APU
    5602393995

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.668
    Latitude
    35.4716
    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
    $688,406
    $5,550,400
    $55,075,410
    $60,625,810
    -
    $5,550,400
    $55,075,410
    $60,625,810

    Comparable in this City

    • Value Estimation
      $1,160,000
      9,356 SF

      821 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 9,356 SF
      821 Main St, Kannapolis, NC 28081-4900
      View Details
    • Value Estimation
      $985,000
      6,039 SF

      103 Briarcliff Dr

      GARDEN APT, COURT APT (5+ UNITS) • 6,039 SF
      103 Briarcliff Dr, Kannapolis, NC 28081-7103
      View Details
    • Value Estimation
      $2,010,000
      7,168 SF

      107 G St

      GARDEN APT, COURT APT (5+ UNITS) • 7,168 SF
      107 G St, Kannapolis, NC 28081-4712
      View Details
    • Value Estimation
      $2,185,000
      6,138 SF

      1499 Sherwood Dr

      GARDEN APT, COURT APT (5+ UNITS) • 6,138 SF
      1499 Sherwood Dr, Kannapolis, NC 28081-5749
      View Details
    • Value Estimation
      $4,920,000
      9,760 SF

      701 Rain Pl Ct

      GARDEN APT, COURT APT (5+ UNITS) • 9,760 SF
      701 Rain Pl Ct, Kannapolis, NC 28081-4866
      View Details
    • Value Estimation by Request
      5,027 SF

      600 Atlantic Ct

      GARDEN APT, COURT APT (5+ UNITS) • 5,027 SF
      600 Atlantic Ct, Kannapolis, NC 28081-4796
      View Details

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    Similar Nearby for Lease

    • $4,450 /Mo
      19,166 SF

      Retail Space on Main Street

      2,427 SF retail space in revitalized downtown Kannapolis.
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      Mixed-Use Development in Kannapolis, NC

      Mixed-use development with shopping, housing, and neighborhood amenities.
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    • $14 SF/Yr
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      Kannapolis Parkway Commercial Building

      4,050 SF commercial building with office and warehouse space.
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    • Contact for pricing

      Retail Space in Kannapolis Village

      Retail space available in Harris Teeter-anchored Kannapolis retail village.
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      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
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    Kannapolis, NC 28081-8461
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    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
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