Technical
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Property profile

5405 Village Dr Concord, NC 28027

OFF-MARKET
Retail properties & Spaces
Property ID
US53-5258274
1,236 SF Built 2003
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This 1,236 square foot retail space, located at 5405 Village Drive Northwest in Concord, NC 28027, is available for sale at $399,000. Built in 2003, the property is zoned TND and offers a prime location in the vibrant Afton Village, conveniently situated off I-85 at Exit 54 (George Liles Blvd). The property is currently vacant and presents a fantastic opportunity for a variety of retail businesses. Afton Village provides a charming atmosphere with a mix of retail, dining, and entertainment options, attracting both residents and visitors. Nearby amenities include the Village Green, a community gathering space hosting various events. The property's Parcel ID is 02-029G-0005.00. Note that there are associated fees: $442.00 per quarter for Afton Village Condo Association dues and $426.55 per quarter for Afton Village Center Association dues. This property is in Cabarrus County and presents a compelling investment opportunity in a thriving community. The space is ideal for a boutique or insurance agency, but other uses may be possible.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2003
Total area 1,236 SF
UPID US53-5258274

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
  • Discount Store (Bike/Boat/Book/etc) Store

Location

5405 Village Dr Concord, NC 28027
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$385,000
2018
$350,000

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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