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Property profile & analytics
FOR LEASE
Retail space
545 Concord Pkwy N, Concord, NC 28027
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1673395
For Lease
1 / 2
Contact for pricing
545 Concord Pkwy N, Concord, NC 28027
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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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Elevation Church Church
-
Stars and Strikes Family Entertainment Center Bowling Alley
-
Elevation Church Español - Concord Domingos 1:30 pm Church Mosque
-
American Freight - Appliance, Furniture, Mattress Home Appliance Store Hardware & Home Improvement
-
Treasure Hunt Liquidators Bin Mega Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dependable Development INC · 2 yrs held
Dependable Development INC
since 2023
Last sale
$210,000
4 recorded transactions
Zoning & alternative use
C-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$116,254
Tax year 2023
Assessed value
$9,528,980
Assessed 2023
Previous assessed
$9,528,980
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$3,867,240
Assessed improvement
$5,661,740
Land market value
$3,867,240
Improvement market value
$5,661,740
Total market value
$9,528,980
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
8
Total area
212,647 SF
Lot
26.13 ac (1,138,223 SF)
Zoning code
C-2
APN
5610 88 9731
UPID
US53-1673395
Jurisdiction
CABARRUS
Zoning & alternative use
C-2 · Concord, NC
Zoning C-2 · permitted uses
C-2 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
8
Lot
26.13 ac
Current owner
From public records · entity-resolved
Dependable Development INC
Entity
Mailing address
2649 BREKONRIDGE CTR DR STE #104, MONROE, NC 28110-5632
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
$210,000
Dependable Development INC
Concord Retail Investment Group LLC
Warranty Deed
$250,000,000 · Us Bank NA
Feb 25, 2021
—
Concord Entertainment LLC
Concord Retail Investments Group Ll
Lease
—
Jun 5, 2019
$5,900,000
Concord Retail Invs Grp LLC
Seritage Kmt Finance LLC
Grant Deed
$8,496,355 · Carter Bk&tr
Jul 15, 2015
—
Seritage Kmt Finance LLC
Kmart Corp
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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