Property profile

545 Concord N Pkwy Concord, NC 28027

OFF-MARKET
Retail space
Property ID
US53-1673395
212,647 SF 26.13 ac lot Built 1993
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of two retail suites that can be combined for a total of 73,840 square feet, with Suite A at 35,455 square feet and Suite B at 38,385 square feet. It also includes two outparcels of approximately 1.5 acres and approximately 1.0 acre. The site is located at a signalized intersection on Concord Parkway North and Poplar Tent Road, and provides three full access points onto Poplar Tent Road plus right-in/right-out access and a dedicated left-in access from Concord Parkway North. The surrounding area includes businesses such as Stars and Strikes and Elevation Church.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Construction STEEL FRAME
Total area 212,647 SF
Lot 26.13 ac (1,138,223 SF)
Zoning code C-2
APN 5610 88 9731
UPID US53-1673395

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
  • Church
  • Bowling Alley
  • Church Mosque
  • Home Appliance Store Hardware & Home Improvement
  • Discount Store

Location

545 Concord N Pkwy Concord, NC 28027-6937
Concord metro Census 42502 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2023
Last sale
$210,000
4 recorded transactions
2023
$210,000
2021
Price N/A
2019
$5.9M
2015
Price N/A

Zoning & alternative use

C-2 · Concord, NC
Zoning description

The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping centers, repair shops, wholesale businesses, and retail sales with limited outdoor displ…

General category COMMERCIAL

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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